INVESTMENT OPPORTUNITY. This Highway Commercial property is leased to Les Immeubles Pierre Leger Inc. for use as a Petroleum products storage site. Lease runs until December 10, 2029. It is a triple net lease with tenant paying all expenses including taxes & insurance premium costs. 2021 rental amount is $41,353.00 with a 2% escalation clause annually. Buildings include an app. 1000 sq. ft. residence that has been used as an office but is currently used as a residence by an employee of the tenant. The main shop is 46′ X 80′ with a 20′ ceiling height. There is also a 16′ X 48′ shed in site. The fuel storage tanks belong to the tenant. (id:3082)

Overview

  • SubdivisionAlexandria
  • Year Built1987

    Features

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