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Home SK Greater Saskatoon Saskatoon City Park
400 Duchess STREET
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400 Duchess STREET $924,900
$924,900
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400 Duchess STREET
Saskatoon, Saskatchewan S7K0R2

MLS® Number: SK009144

Listing Description

City Park Retail Investment For Sale. This City Park investment property includes a sale leaseback opportunity with a well-established business that has operated at this location for the past 26 years. The vendor will lease back the property on a five (5) year triple-net lease at $17.00/SF with a NOI of $71,536.00/year plus option to renew. There is pylon signage, attractive landscaping and five (5)customer parking stalls located along the front of the property. Major capital improvements include polyurethane sprayfoam roof upgrade and rooftop unit replacement in 2010. HVAC includes floor furnace, air conditioning and rooftop unit. Property has a bonus +/-1,000 SF mezzanine for additional retail, storage and office space. (28461709)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
City Park
Title
Freehold
Land Size
0.12 ac
Built in
1961
Annual Property Taxes
$13,126
Time on REALTOR.ca
13 days

Building

Heating & Cooling
Heating Type
Furnace
Business
Business Type
Retail and Wholesale (General retail)

Measurements

Square Footage
4208 sqft
Exterior Building Size
4208 sqft
Data provided by: Saskatchewan REALTORS® Association 1705 McKercher Drive, Saskatoon, Saskatchewan S7H 5N6
Mike (MW) Walch