For Sale - 1060 Speers Road Unit# 218 & 220, Oakville, Ontario

Est payment $1,916/mo
Views   3
Time on Jump  21 day



Exceptional opportunity to acquire a fully built-out, dental facility. This facility is being sold strictly as a physical asset (equipment and leaseholds), making it perfect for an established dentist looking to expand or a specialist seeking a prime, fully compliant location with free parking. Featuring 6 equipped operatories, sterilization area, laboratory, 2 private offices, staff room, and a dedicated panoramic x-ray room. Renovation in 2022 and 2023 includs upgraded plumbing, wiring, cabinetry, new dental lights, and a reverse osmosis water filtration system. Professionally appraised at $444,900 in total tangible asset value ($331,150 in leasehold improvements, $110,000 in clinical equipment, and $3,750 in admin assets). Long-term tenure: current lease term is secured through august 20, 2034, with two additional 5-year renewal options. The lease contains an exclusivity clause. Expansion potential: includes a "right of first refusal" to lease adjacent spaces at the current base rent if they become vacant. Base rent $20. 00/sf ($3,345. 00/month plus tmi), with scheduled step-ups to $25/sf in 2027 and $30/sf in 2030.
Listing IDW13594048
Address1060 Speers Road Unit# 218 & 220
CityOakville, Ontario
Price$399,000
StyleOffice
TypeIndustrial/Commercial
StatusFor Sale
Subtype OfficeHeating / Cooling Gas Forced Air Open
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Listing Agency:  SUTTON GROUP-ADMIRAL REALTY INC.

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1060 Speers Road Unit# 218 & 220
Oakville , Ontario
$399,000
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