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$ 3,750,000
Est. payment | /mo
1 SqFt
$ 3,750,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $3,750,000
Subdivision Court / Cumberland
MLS Listing ID X13617004
Annual Tax Amount $96,830
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 164.04
Lot Front 366.76
Property Description
An Exceptional Investment Opportunity in the Heart of Thunder Bay's Thriving Commercial Corridor Presenting a premier, institutional-quality income property located in one of Thunder Bay's fastest-growing commercial hubs. This distinguished asset is anchored by an outstanding roster of nationally recognized AAA tenants, including Wellwise, a grocery, and Reliance, ensuring exceptional stability income security. Designed to deliver consistent, hassle-free returns, the property features Triple Net (NNN) leases, significantly minimizing landlord responsibilities while generating reliable cash flow. Offering an attractive cap rate of approximately 7%, this is a rare opportunity to acquire a high-performing commercial asset with immediate income and outstanding long-term appreciation potential. Whether you're expanding an established real estate portfolio or seeking a premier, recession-resilient investment, this trophy asset represents the ideal combination of quality, stability, and growth.
Location
Province ON
County Thunder Bay
Area Thunder Bay
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 366.76
Lot Depth 164.04
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX REALTRON REALTY INC.
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