965 Old Glass rd - Retail FOR SALE


Wallaceburg, ON N8A 3T1
$389,000 CAD
965 Old Glass rd, Wallaceburg, ON for Sale
$389,000 CAD
Retail - FOR SALE
1/6
null | 7.5% Cap Rate

965 Old Glass rd
Wallaceburg, ON N8A 3T1


HIGHLIGHTS

  • NNN Lease
  • New Roof (2025)

OVERVIEW

This income-generating industrial/retail building is occupied by an established, multi-location tenant. Set on a freehold lot of over 6,500 sq. ft., the property offers customer parking, grade-level shipping door, retail showroom, and industrial space. Under the NNN lease, the tenant is responsible for utilities, and a capped annual contribution toward property taxes. Built-in annual rent increases bring the final year's rent to $31,200. The lease runs through September 14, 2030. Strategically located in Chatham-Kent, with an estimated population of 113,070, up 8.1% since 2016.

FOR SALE DETAILS

PRICE

$389,000 CAD

PRICE/SF

$130 CAD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,500 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joseph AlOneProp.More Info

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Joseph AlOneProp.More Info

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