$154.57 Per Sq Foot $17,447 est/mo Sourced by Back At You

937 Broad Street E,Dunnville, ON N1A 1H5

Dunnville ON, N1A 1H5

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Description

Prime Real Estate Brokerage is pleased to present the incredible opportunity to acquire a high-profile AAA commercial development site in picturesque Dunnville Ontario. This site is already 100% leased with long-term commitments from Shoppers Drug Mart, Taco Bell, and Burger King. The Property is 3.21 acres located in the primary commercial node occupying the northwest corner of the intersection of Broad Street East (Hwy 3) and Ramsey Drive and is surrounded by top national retailers including Tim Hortons, Home Hardware, Sobeys, and Canadian Tire. As the Buyer you will benefit from considerable development work already completed by the Seller essentially delivering a shovel-ready development project that any prudent investor/developer would be proud to have in their portfolio. This includes the full suite of reports required through the SPA process, including but not limited to hydrological, geotechnical, environmental, archeological, noise impact study, traffic impact study, and a complete engineered drawings package. Importantly, the Seller has already negotiated favorable leases with built-in rent escalations and 10-15-year initial terms with the three national tenants, offering long-term stability and predictable returns. The Seller has also negotiated a construction contract with the expectation to break ground in March-April 2024. Access to a comprehensive data room will be provided upon signing a confidentiality agreement.

Details

MLS#40532668
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site126
Listing Provided ByPRIME REAL ESTATE BROKERAGE | Justin Konikow

Features

SQ Feet21,026
Story(s)1
ZoningCS
Acreage3.21
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountyHaldimand
CityDunnville
Postal CodeN1A 1H5
AreaDunnville
Subarea061 Dunnville Municipal
Community Name061 Dunnville Municipal
Listing VS Median (in 061 Dunnville Municipal)
Price:
$3,250,000
low | high
Med:
$569,950
100% of Average
SqFt:
21,026
low | high
Med:
905
100% of Average
$ / SqFt:
$155
low | high
Med:
$648
100% of Average
On Site:
126
low | high
Med:
59.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:26:11 PM PDT