Sidebar Fav/

Located at the London International Airport. Excellent investment opportunity. Fully leased to three long term tenants. Building consists of 14,876 square feet on one acre and is in top condition throughout. Net operating income of $69,812.75 with a cap rate of 7%. increasing to $73,050.60 in 2025 with a cap rate of 7.3% with rent escalations. Property is on a land lease with the Greater London International Airport Authority having a term of forty years and expiring on March 14, 2059. Monthly payment is $651.95.The Airport Authority will usually grant the Buyer with a new forty year lease at the time of sale. Seller with provide secondary financing up to $200,000.00 at below market rates. Copy of current rent roll, operating expenses, land lease and site plan available upon request. (id:24093)
Listed by MEL F. VETERO of RE/MAX CENTRE CITY REALTY INC.,BROKERAGE

Property Details of 2469 Aviation Lane

Property Details

Interior Features

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of February 6, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: