1955 Queen Street East

1955 Queen Street East
Toronto ON

1955 Queen Street East View1

Property Type

Retail
Property Size
1 500 Sq Ft
Available Space
1 500 Sq Ft
Opportunity Type
Sale
Price
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Related Links

DescriptionClick Here To View Mapped Property

Click Here To View Mapped Property

Location
The property is located on the south side of Queen Street East between Kippendavie Avenue and Kenilworth Avenue in the heart of The Beaches neighbourhood.
The Beaches area is known as one of the most vibrant neighbourhoods in the City of Toronto, due to its proximity to lifestyle amenities including shopping, transit and restaurants.
Major projects within a few blocks of the property include; Heartwood the Beach (1884 Queen Street East) & Lakehouse Beach Residences (1960 Queen Street East).

Income and Tenancy
The one storey building is fully leased to Popeye’s Louisiana Kitchen until February 14th 2020, and has a net operating income of $72,000 per annum. Popeye’s is a chain of international fried chicken fast food restaurants founded in 1972 in New Orleans, and expanded into Canada in 1984.. Popeye’s currently has over 50 Canadian locations.

Offering Guidelines
Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been retained by 1009558 Ontario Limited (the “Vendor”), on an exclusive basis, to sell 1955 Queen Street East, Toronto, Ontario (the ‘Property”).
The Property is offered for sale at a price of $1,800,000 and will be sold on an as-is, where is basis, free and clear of debt. The Vendor’s objective is to maximize sale proceeds while preference will be given to Offers with limited confidentiality and timely closing.
Offers will be considered by the vendor on an as received basis and should be submitted to the attention David Horowitz and Elliot Medoff at 199 Bay Street, Suite 4610 Toronto ON M5L 1G3.



Features

 Key Highlights:

  • Prime location in the heart of The Beaches.
  • Surrounded by high-quality international and local retailers.
  • Fully leased to an International Fast Food Restaurant Chain.
  • Surrounded by new residential development.
  • High quality interior finishes.


Contact a Broker
Elliot Medoff_Commercial Real Estate Broker
Elliot Medoff

Sales Representative | Vice President

JLL

Toronto

+1 416 238 9768

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