1368 S Atherton St

Highlights:

• Days on Market: 14
• Parking Features: Paved Parking
• Heating: Other

Description:

For Sale: Commercial Office Condo – Prime Location in the Southwood Office Centre!

Looking for the perfect investment property? The property is currently leased. Currently leased through December 2027. Easily accessible off South Atherton Street, providing high visibility and convenience for clients and employees alike.

The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner.

Investment Highlights:
In-place lease through December 2027
Current rent: $1,222.54/month
Annual CPI rent increases beginning 2026
Tenant pays all expenses: utilities, taxes, insurance, and condo fees
One (1) two-year renewal option remaining
Great Year 1 cash-on-cash return
Low-maintenance, passive investment

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Listing ID: 804406855040