Gateway Center offers a 4.4-acre plaza featuring a Tim Hortons drive-through. There's also a 2-acre prime development site within, ideal for a hotel/banquet facility or retail with office space above. Located on the new LRT line at the major intersection of Derry and 10, the plaza includes other food brands like Mr. Sub, Pita and Grill, and St. Louis Bar. In Mississauga, zoned and serviced land is selling for $4M-$5M per acre, making this site a very rare opportunity with consistent income and huge development upside. This isn't a cap rate sale; it's a development site with reliable revenue. The plaza features 3 stand alone buildings with over allocated parking and high visibility, ensuring maximum exposure to 1000s of daily passengers on board the new LRT line and very high vehicle traffic. |
Extras: VTB can be arranged for the right Buyer |
Price | $17,000,000 |
Taxes: | $160000.00 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 25 Aventura Crt , Mississauga, L5T 3A1, Ontario |
Postal Code: | L5T 3A1 |
Province/State: | Ontario |
Legal Description: | PT LT 4 PL 43M-948 DES PTS 1, 2, 3, 4 PL |
Directions/Cross Streets: | DERRY AND 10 |
Category: | Multi-Use |
Building Percentage: | Y |
Total Area: | 4.40 |
Total Area Code: | Acres |
Retail Area: | 12930 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Franchise: | N |
Sprinklers: | Part |
Crane: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Part |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
IPRO REALTY LTD. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Peel |
Municipality: | Mississauga |
Neighbourhood: | Gateway |
Tax: | $160,000 |