11 Reach Road

Exciting Investment Opportunity

This freestanding Foodland property in Burgeo is leased on a fully net basis to Sobeys, with the Tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the Landlord is responsible for a very narrow definition of structure as defined in the Lease. The property consists of a fully leased 9,264 sq ft building on a 1.87 acre site. The building was constructed in 2000 and consists of steel columns, metal & vinyl siding and engineered roof trusses. It has cast-in-place concrete floors, an overhead door with dock leveller and provides ample parking and good tractor trailer access. Currently generating an annual NOI in excess of 50k, this property provides an excellent opportunity for any real estate investor.