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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
54929 sq. ft. Acres
Total Area:
1.26 acre(s)0.51 hectare(s)
Retail Area:
100 sq. ft. %
Lot Depth:
164'½"50 m
Lot Frontage:
366'9⅛"112 m
Water supply:
Municipal
Zoning:
COMMERCIAL(SC)
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$96,830.33 /
2025
Assessment:
$- /
2025
Thunder Bay
Thunder Bay
Court / Cumberland
Yes
"The Building Has a Great Exposure on one Of The Busiest Street & The New Development Areas Of Thunder Bay.
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