Mallette Goring

Commercial Listing
Featured For Sale
2 months ago
155
MLS#
Exclusive
Sq. Ft
66895
TAX / CAM
TBD
Zoning
C2, M1-1

Listing Brokerage
Mallette-Goring Inc.
Status
Active
Commercial Property Type(s)
Commercial Investment, Office Space, Retail Space
Prime Commercial Investment Opportunity! Westmount Business Park includes 5 properties (428 Westmount, 430 Westmount, 432 Westmount, 434 Westmount, 436 Westmount) for a combined 66,895 sq.ft rentable area in prime New Sudbury location. Tenants from 938 sq.ft to 5,530 sq.ft with a mix of professional office, service commercial, medical office, recreation, retail, and more. Projected CAP Rate based on Yr 1 NOI = 7.32%. Room for uplift with 4 small vacancies and upcoming renewals allow for increased future NOI. Well-managed plaza with many upgrades, can be packaged with 555 Barrydowne for a total of 107,039 sq.ft and combined asking price of $20.5M. Note: Exclusive Listing (non-MLS), all prospective buyers/brokers to sign Confidentiality Agreement prior to receiving rent roll, financials, environmental, etc.
Location
430 Westmount Ave Sudbury
LOCATION INFO:
Geographic Area
New Sudbury
Parking Spaces
Above standard
Signage
Pylon & Facia
Lot Size
8.37 acres
Property Known As
Westmount Business Park (Greevale Plaza)
Video Tour

Building Specs
Elevator Access
No
Wheelchair Accessible
Yes
Security System
Furnished
No
Municipal Water
Yes
Municipal Sewer
Yes
Building Age
Electrical Service
Heating Type
Rooftop HVAC
Foundation Type
Slab on grade
Roof Type
Tar & Gravel

Loading Info
Overhead Crane Type
Loading Door Type
Door Height
Ceiling Height


Financial Projections
Proj. Gross Income
$1,283,412.80 *
Proj. Expenses
$514,292.27 *
Proj. Net Income
$769,120.53 *
Additional Agents For This Listing:
Chris Tammi

Broker of Record

chris@mgre.ca

705.822.6123

Larry Gauthier

Broker

Mallete-Goring Inc.

705******* 705.670.4430