The document describes a sale-leaseback opportunity for a property located at 50-52 Arrow Rd in Toronto. The 2.47 acre property includes a 62,500 square foot industrial building currently leased by Julianna Fine Furniture. It is zoned for controlled storage and industrial office uses. The asking price is $4,200,000 with the option to lease back the property for 1-10 years at rates of $336,250-$386,687.50 per year. Environmental reports and a recent appraisal are available for prospective buyers.
RSA Conference Exhibitor List 2024 - Exhibitors Data
50 52 Arrow Road[ Reduced Price
1. Brokerage
SALE LEASE BACK
Asking Price: $4,200,000 Reduced
Address: 50-52 Arrow Rd (Part Lot 7, Plan 3521, City of Toronto PIN: 102930037)
Location: West side of Arrow rd
Lot Size: 378.66 feet Fronting on Arrow Road by 282.00 feet Deep
Area: 2.47 Acres 107,593 sq ft
Zoning: M2S & MOF (H) - Controlled Storage Zone & Industrial Office Holding Zone
Roll No: 19-080-12-1000-1900-0000
Building: One Storey building of approximately 62,500 sq ft. Operated as a retail
furniture business. 20% showroom, 5% office and balance warehousing.
Lease back: 1-5 Years Rate $336,250.00 per annum ($5.38/s.f.)
6-10 Years Rate $386,687.50 per annum ($6.187/s.f.)
Additional security as required can be provided.
Seller: RIADH HOLDINGS INC.
Tenancy: Julianna Fine Furniture
Environmental: 1 and 2 environmental reports are available.
Appraisal: Available (June 12, 2007)
Neil Warshafsky, CCIM, RPA, MIMA
Dan Currie,
Broker of Record
Sales Representative
T: (416) 907.8001
T: (416) 907-8229
nhw@remax.net
dcurrie@remax.net
nhw@remax.net
U
RE/MAX Commercial Advisors Inc., Brokerage, 302 Bridgeland Avenue, Suite 100, Toronto, ON M6A 1z4
T: (416) 907.8228 F: (416) 907.8227
www.rcatoronto.com
The information contained herein was obtained from sources believed reliable; however, RE/MAX Commercial Advisors Inc., Brokerage makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.
The presentation of this property is submitted subject to errors, omissions, change of price, or conditions, prior sale or lease, or withdrawal without notice. Revised 2008
2. Brokerage
SALE LEASE BACK
Asking Price: $4,200,000 Reduced
Neil Warshafsky, CCIM, RPA, MIMA
Dan Currie,
Broker of Record
Sales Representative
T: (416) 907.8001
T: (416) 907-8229
nhw@remax.net
dcurrie@remax.net
nhw@remax.net
U
RE/MAX Commercial Advisors Inc., Brokerage, 302 Bridgeland Avenue, Suite 100, Toronto, ON M6A 1z4
T: (416) 907.8228 F: (416) 907.8227
www.rcatoronto.com
The information contained herein was obtained from sources believed reliable; however, RE/MAX Commercial Advisors Inc., Brokerage makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.
The presentation of this property is submitted subject to errors, omissions, change of price, or conditions, prior sale or lease, or withdrawal without notice. Revised 2008