4355-4361 Highway 7 E

Markham, L3R1M1
For Sale
$6,800,000
4355-4361 Highway 7  E, Markham
4355-4361 Highway 7  E
Retail
CATEGORY
28,699 Sq Ft
TOTAL AREA
N8263576
MLSID
Contact Us
Property Description
*Good Location, Good Exposure Plaza on Highway 7 South Side, West of Unionville Main Street *Fully Leased with Annual Rental Escalation *Good Steady Income *All Tenants on Net, Net, Net Rent *Annual Net Rent $307,595.00, Providing 4.5% Cap Rate *Seller can Take Back 1st Mortgage for 2 Years at 5% Interest Rate, Monthly Repayment Interest Only *Can Go Direct as a Customer, but Cannot Talk to any Staff or Let Them Know the Plaza is for sale.
Property Details
Category
Retail
Zoning
Commercial
Total Area
28,699 Sq Ft
Retail Area
11,431 Sq Ft
Taxes
$50,308 (2024)
Air Conditioning
Yes
Listing contracted with Sincere Realty Inc.
Similar Listings
7657 Kennedy Rd, Markham
Retail
$6,980,000
FOR SALE
Prime Location Free Standing Commercial Building on a Corner Lot on High Traffic Kennedy Road with 2 entrances onto Lee Avenue with a traffic light. Located across from Milliken Mills Community Centre, High School and other retail stores and plazas. Excellent Commercial Retail Exposure for many types of business. Great Visibility and close to HWY 7, 407 & 404, GO Train, York Region Transit and Viva. Parking at Front and Rear of Building. Building is currently tenanted on a Month-To-Month Lease.
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