Prime Investment Property W/Excellent Income. Better Than 6% Cap Return. Solid 'AAA' Tenant Is Effectively New (4 Yrs Ago) Fantastic Building. Rona Home Improvement & Lumberyard Heavily Invested In Own Tenant Improvements. Just Completed 4th Yr Of 1st 10 Yr Term W/ Options. 37,091 Sq. M Building, 1. 5 Acre (6,070 Sq. M) Fenced Lumberyard On 5. 28 Acre( 21,368 Sq. M) Lot & 71 Car Lot. 2 Levels Of New Offices, Mezzanines, Hvac’s, Heaters, Roof, Lighting, Electrical, Plumbing Etc.
High End Finishes. Great Tenant Looks After & Pays For All Except Capital Replacements. Worry Free Investment. Tenant Dominates Goderich & Area Construction & Lumber Market.
Rona, Inc. is a Canadian retailer of home improvement and construction products and services. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden (Rona L’Entrepôt in Quebec) and Réno-Dépôt, as well as smaller brands such as Rona Cashway, Marcil Centre de Rénovation, and Dick's Lumber.
Worry Free Investment Property.