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Est. payment | /mo
5,891 SqFt
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Est. payment | /mo
5,891 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,891 sqft
Subdivision Brant
MLS Listing ID W14117338
Annual Tax Amount $36,369
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
CBRE Limited is pleased to offer for sale Units G01-G02 at 1455 Lakeshore Road, a rare waterfront-oriented retail investment in the heart of Downtown Burlington. The offering comprises 5,891 sq. ft. of interior space together with an exceptional 1,248 sq. ft. outdoor patio overlooking Lake Ontario. The property is fully leased on a triple-net basis (net to Tenant) to Pepperwood Bistro, a long-standing Downtown Burlington restaurant and established destination at this location. The lease provides secure, contractually escalating income through March 31, 2034, with a further three-year extension option. Annual net rent increases from $285,953 in the current lease year to $343,291 by the final year of the committed term-growth of approximately 20%. The offering combines durable in-place income with the intrinsic value of an exceptionally scarce restaurant location. It's expansive lakeview patio, prominent Lakeshore Road address and proximity to Burlington's waterfront, Spencer Smith Park and established downtown amenities create a competitive advantage that would be difficult to replicate. Continued residential and mixed-use intensification along the Lakeshore corridor is expected to further expand the surrounding customer base and reinforce demand for well-positioned hospitality and experiential retail space. 5-storey parking garage adjacent to the property.
Location
Province ON
County Halton
Area Halton
Zoning DW
Interior
Cooling Yes
Exterior
Utilities Available Yes
Building
Building Age 31-50
Others
Security Features Yes
ParcelsYN No
Listed by CBRE LIMITED
Nearby Locations
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