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Famous Ridgway Plaza Unit Lease In Mississauga For Sale

Mississauga, Ontario, Canada
Asking Price:
$474,000 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

8000 sq feet
Mississauga, ON L5M 7N4, Canada

The lease for a unit in Ridgway Plaza is for sale, including leasehold improvements like electrical and lighting. The ceilings are 22 feet high and square feet. Ready for renos, one truck-level dock. E2 Zoning: Deal can be worked out where possession can commence once zoning and building permits are approved; that way, rent is not being paid till you start (deposit required). Have great relationship with zoning officer and can help push this through as we did for the other unit. I will save multiple months of rent this way. We have the next-door unit and just got approval for zoning for recreational use.
This will be subleased for 1 year and then the main lease can be transferred over. 9 years remain on the lease (6+3).
Have many offers, as this plaza is greatly sought out and wanted. There are over 150 restaurants in the plaza, very high foot traffic and famous plaza

Price can be negotiable

Property Information

Real Estate:

Lease

Lease Terms:

this includes TMI

Lease Rent:
$30 (CAD) per sq ft per annum
Location:

Highly sought out area very high foot traffic, 150 restaurants and more businesses

Size in square feet:
8,000

Business Operation

Reasons for selling:

Project got moved to the states. Already spent a lot in Electrical and lighting

Years established:
1

Other Information

Furniture / Fixtures value:
$250 (CAD)