Property Details

1107 DERRY RD E, Mississauga, Ontario, L5T1P3

1107 DERRY RD E, Mississauga, Ontario, L5T1P3 (ID W6737730)
Representative
RE/MAX 3000 Ltd./Lte
Office
RE/MAX 3000 Ltd.
Tel: 506-624-2500
Website

$11,100,000 - For sale

MLS®#:W6737730

*Excellent, rarely available, investment opportunity *Busy commercial/industrial strip plaza with main street exposure *17 units currently fully leased by 13 tenants *Potential to increase rents with several leases coming due *Approximately 29,815 square feet of rentable ground floor space *Ample surface parking - 78 parking spaces *Good shipping - 14 truck level doors at rear of units *2.22 acres (378.38' frontage x 247.77' depth) on NW corner of Derry Rd. E. & Maxwell Rd. *Corner lot with high visibility and traffic count with entrances off Derry Rd. and Maxwell Rd. *All units are separately metered with gas and hydro *Pylon sign with potential for extra income *Good mix of established tenants, with strong history of tenant retention!**** EXTRAS **** *Current net income approx $372K *TMI is $7.70 psf per annum for 2023-2024 - Zoning E2 (id:2471)

Property Details
  • Property Address:1107 DERRY RD E, Mississauga, Ontario, L5T1P3
  • Property Type:Business
  • Community Name:Northeast
  • Lot Size:378.38 x 247.77 FT ; 2.22 Acres
  • Water Type:Municipal water
  • Parking Space Total:78
Structure Details for 1107 DERRY RD E, Mississauga, Ontario, L5T1P3
  • Floor Space:30000 sqft
  • Cooling Type:Fully air conditioned
Amenities for 1107 DERRY RD E, Mississauga, Ontario, L5T1P3
  • Amenities Nearby:Highway, Public Transit
Representative
RE/MAX 3000 Ltd./Ltée
Office
RE/MAX 3000 Ltd.
Tel: 506-624-2500
Website
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1107 DERRY RD E, Mississauga, Ontario, L5T1P3

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