About 212 Cumberland Street N
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access. (id:6289)
More Info on this Court / Cumberland MLS® listing
212 Cumberland Street N is a listing for sale in Thunder Bay (Court / Cumberland). The MLS® number is X13864336. It features 1 bathroom and covers 4,854 square feet. It's currently listed for $1,670,000. For more details on MLS® X13864336, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Court / Cumberland is available now!
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