1200 King St W - Fast Food FOR SALE


Toronto, ON M6K 1G4- South Parkdale/King West
$5,600,000 CAD
416-495-6215
1200 King St W, Toronto, ON for Sale
$5,600,000 CAD
Fast Food - FOR SALE
1/4
null | Request Cap Rate

1200 King St W
Toronto, ON M6K 1G4
South Parkdale/King West


HIGHLIGHTS

  • The location provides strong connectivity to downtown Toronto, with convenient access to the Gardiner Expressway and nearby major arterial routes.
  • Nearby amenities, including restaurants, cafes, and retail services, enhance convenience for both customers and employees.
  • The property offers a functional layout suitable for a variety of uses, including retail, office, or service-oriented businesses.

OVERVIEW

CBRE's Retail Investment Group is pleased to offer 1200 King Street West, a highly visible single-tenant retail asset prominently positioned at the north-west corner of King Street West and Dufferin Street, bordering the highly sought-after neighbourhoods of Liberty Village and South Parkdale. The 2,354 sq. ft. building is fully occupied by Wendy's under a long-term lease with renewal options. The care-free lease structure provides secure and predictable cash flow from an exceptional covenant, supported by contractual rent escalations in 2028 and 2033.The surrounding area is experiencing continued intensification, with two new condominium developments directly across King Street West and Dufferin Street, further enhancing foot traffic and strengthening an already established retail node. 1200 King Street West represents a rare opportunity to acquire a landmark corner asset with an exceptionally strong covenant in one of Toronto's most dynamic and rapidly evolving neighbourhoods.

FOR SALE DETAILS

PRICE

$5,600,000 CAD

PRICE/SF

$2,379 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

CR

APN/PARCEL ID

190402134005200

ASK ABOUT THIS PROPERTY

416-495-6215

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416-495-6215

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