This freestanding Foodland property is leased on a fully net basis to Sobeys, with the tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the landlord is responsible for a very narrow definition of structure as defined in the lease. Strategically positioned on North Main Street, it anchors Westvilles primary commercial corridor and serves as the towns dominant grocery store. The property also includes a Nova Scotia Liquor Corporation outlet constructed by Sobeys at their cost and sublet to NSLC a capital investment that underscores Sobeys confidence in the site. With below-market rents, below-replacement-cost pricing, and a strong national covenant, this asset offers secure income and durable fundamentals in a stable market. (231624909)
North Main Street in the heart of Westville.
Time on REALTOR.ca
34 days
Get a taste for the neighbourhood where this listing is located.
The following neighbourhood demographic information is provided by a third-party supplier based on census data from Statistics Canada.
No demographic information is available for this specific location.
Demographics data is temporarily unavailable
This calculator is for demonstration purposes only. REALTOR.ca Canada Inc. does not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.