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Blog by Kevin Martin

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Excellent Investment Property!

Fully leased building (10,000 Square feet) in Donavon’s Industrial Park, Mount Pearl. The main tenant, TRC Hydraulics Inc who is leasing 7000 sq. feet has been at tenant for many years. The remaining 3000 sq feet is leased to Scientific Drilling Inc for the past 5 years. The building itself is composed of 3000 Sq Ft of office and 7000 square feet of warehouse. There are four 14 foot bay-doors, 21 foot ceilings and 3 bathrooms. Electrical Consist of: 120 single phase up to 600 3-phases. Annual Property Tax: $5000. This building is an excellent investment property for the Business-Minded Investor. The main tenant, TRC Hydraulics Inc, who his currently under a Lease Agreement to occupy the property until January 2012 will most likely stay, as they are a very well established Enterprise who has occupied the building for many years. This Commercial Property is an excellent opportunity to increase ones monetary wealth through Positive Growth Assets.

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