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285 Memorial Avenue Thunder Bay ON P7B 6H4
Price $ 3,750,000
Listing ID X13617004
Property Type Commercial Retail
County Thunder Bay
Neighborhood Court / Cumberland
House Size 1
Days on website 45
Description
An Exceptional Investment Opportunity in the Heart of Thunder Bay's Thriving Commercial Corridor Presenting a premier, institutional-quality income property located in one of Thunder Bay's fastest-growing commercial hubs. This distinguished asset is anchored by an outstanding roster of nationally recognized AAA tenants, including Wellwise, a grocery, and Reliance, ensuring exceptional stability income security. Designed to deliver consistent, hassle-free returns, the property features Triple Net (NNN) leases, significantly minimizing landlord responsibilities while generating reliable cash flow. Offering an attractive cap rate of approximately 7%, this is a rare opportunity to acquire a high-performing commercial asset with immediate income and outstanding long-term appreciation potential. Whether you're expanding an established real estate portfolio or seeking a premier, recession-resilient investment, this trophy asset represents the ideal combination of quality, stability, and growth.
Location
Financial Information
List Price: $ 3750000
Taxes: $ 96830
Property Features
Air Conditioning: Yes
Garage Type: Outside/Surface
Heat Type: Gas Forced Air Closed
Sewers: Sanitary
Sprinklers: Yes
Utilities: Yes
Listed By:     RE/MAX REALTRON REALTY INC. 
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