80 Second Avenue W, Norfolk
- Living area: 62000 square feet
- Type: Commercial
Source: Public Records
Note: This property is not currently for sale or for rent on Ovlix.
We have found 1 Commercial that closely match the specifications of the property located at 80 Second Avenue W with distances ranging from 2 to 2 kilometers away. The prices for these similar properties vary between 3,500,000 and 3,500,000.
Nearby Places
Name
Type
Address
Distance
Boston Pizza
Restaurant
9 Queensway W
0.4 km
Tim Hortons
Cafe
15 Queensway Dr E
0.5 km
Barrel Pizza & Spaghetti House Restaurant
Restaurant
131 Queensway W
0.5 km
Pizza Hut
Meal takeaway
47 Queensway E
0.6 km
Best Western Little River Inn
Lodging
203 Queensway W
0.6 km
McDonald's
Restaurant
77 Queensway E
0.8 km
Swiss Chalet Rotisserie & Grill
Restaurant
101 Queensway E
1.0 km
Simcoe Composite School
School
40 Wilson Ave
1.0 km
Joey's Seafood Restaurants Simcoe
Restaurant
109 Queensway Street East
1.2 km
Real Canadian Superstore
Grocery or supermarket
125 Queensway E
1.2 km
Norfolk Arts Centre
Art gallery
21 Lynnwood Ave
1.4 km
Talbot Gardens Arena
Stadium
10 Talbot St N
1.4 km
Property Details
- Structure Type: Warehouse
- Building Area Total: 62000
Interior Features
- Living Area: 62000
Exterior & Lot Features
- Water Source: Municipal water
- Lot Size Dimensions: Bldg=570 x 311 FT
Location & Community
- Directions: SECOND/NORFOLK
- Street Dir Suffix: West
Business & Leasing Information
- Business Type: Industrial
Tax & Legal Information
- Tax Annual Amount: 27370.75
- Zoning Description: MG, HL
Discover an exceptional investment opportunity featuring a single, national, triple net tenant with this expansive warehouse property. With approximately 62,000 square feet of versatile space situated on approximately 3 acres, this property is designated under the Official Plan as Urban Residential, making it an ideal candidate for future development. The tenant currently occupies the entire building and has recently signed a new lease with robust annual escalations and favorable renewal provisions, ensuring a stable income stream. The property offers a remarkable return on investment with a cap rate just under 8% and annual escalation's through 2028. Ideally situated in a prime locale near the intersection of Queensway and Norfolk in downtown Simcoe, this property provides convenient access and ample on-site parking. Dont miss out on this top-notch industrial opportunity. (id:1945)
Demographic Information
Neighbourhood Education
| Bachelor's degree | 20 |
| University / Below bachelor level | 15 |
| Certificate of Qualification | 10 |
| College | 60 |
| Degree in medicine | 10 |
| University degree at bachelor level or above | 30 |
Neighbourhood Marital Status Stat
| Married | 235 |
| Widowed | 70 |
| Divorced | 40 |
| Separated | 20 |
| Never married | 90 |
| Living common law | 50 |
| Married or living common law | 285 |
| Not married and not living common law | 220 |
Neighbourhood Construction Date
| 1961 to 1980 | 50 |
| 1981 to 1990 | 60 |
| 1991 to 2000 | 20 |
| 1960 or before | 135 |
