For Sale - 19 MOORE Street, Carleton Place, Ontario

Est payment $6,718/mo
Views   1
Time on Jump  1 days
  • Modern freestanding commercial building constructed in 2018, with approximately 3,238 square feet.
  • Main level includes 2,500 square feet plus additional mezzanine space.
  • Nine on-site parking spaces and convenient access near downtown.
  • Proposed 10-year NNN leaseback with the existing brewery operator, subject to a finalized agreement.
  • Real estate sale only; the brewery business is not included.



Seller leaseback investment opportunity - 19 moore street, carleton place! An opportunity to acquire a modern, purpose-built commercial property with a proposed long-term triple net (nnn) leaseback to the existing brewery operator. Constructed in 2018, this freestanding commercial building offers approximately 3,238 sf of total space, including a 2,500 sf main level and additional mezzanine space. The property is currently occupied by braumeister, an established craft brewery and taproom business. The seller is prepared to enter into a proposed 10-year nnn leaseback at an initial base rental rate of $28. 00 per square foot, generating $90,664 in potential annual base rental income. Under the contemplated nnn structure, the tenant would be responsible for property operating expenses in accordance with the final lease terms. Located near the intersection of moore street and lake avenue west, in proximity to downtown carleton place, the property offers convenient access, nine on-site parking spaces, and a building designed to accommodate its existing brewery and taproom operations. An appealing opportunity for investors seeking income-producing commercial real estate with a potential long-term tenant, scheduled rental growth, and ownership of a relatively modern freestanding building. Sale of the real estate only; the operating brewery business is not included. The proposed leaseback is subject to execution of a mutually acceptable lease agreement. Financial information and lease details are available to qualified purchasers.
Listing IDX14168744
Address19 MOORE Street
CityCarleton Place, Ontario
Price$1,399,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Closed
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Listing Brokerage: ROYAL LEPAGE TEAM REALTY

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19 Moore Street
Carleton Place , Ontario
$1,399,000
Get more info