This is a strong deal structurally and strategically. The rent is $14,000/month ($168K/year), which works out to $23.33 PSF on the 7,200 SF building, with the entire 12,367 SF lot included. In this asset class, rent is calculated on building area, while the yard is bundled as operational upside, which materially improves the economics. On a total usable footprint basis, the effective cost is extremely competitive for a freestanding property on a major arterial, steps from the Eglinton LRT, inside a rapidly intensifying corridor.
The value is not retail optics. The value is land control, access, exposure, and future redevelopment positioning. For automotive, fleet, logistics, or service-based operations, this site is operationally efficient, hard to replicate, and strategically well-located.