Gateway Center offers a 4.4-acre plaza featuring a Tim Hortons drive-through. There's also a 2-acre prime development site within, ideal for a hotel/banquet facility or retail with office space above. Located on the new LRT line at the major intersection of Derry and 10, the plaza includes other food brands like Mr. Sub, Pita and Grill, and St. Louis Bar. In Mississauga, zoned and serviced land is selling for $4M-$5M per acre, making this site a very rare opportunity with consistent income and huge development upside. This isn't a cap rate sale; it's a development site with reliable revenue. The plaza features 3 stand alone buildings with over allocated parking and high visibility, ensuring maximum exposure to 1000s of daily passengers on board the new LRT line and very high vehicle traffic.
EXTRAS VTB can be arranged for the right Buyer
EXTRAS: Irregular lot size
Last updated on : Wednesday 23rd of October 2024 05:59:42 PM
Street : 25 AVENTURA COURT
City : Mississauga (Gateway)
Province : Ontario
Country : Canada
Postal Code : L5T3A1
Property ID : W9508144
Property Type : Retail