1200 King St, Toronto, Ontario, M6K 1G4

Description

CBRE's Retail Investment Group is pleased to offer 1200 King Street West, a highly visible single-tenant retail asset prominently positioned at the north-west corner of King Street West and Dufferin Street, bordering the highly sought-after neighbourhoods of Liberty Village and South Parkdale. The 2, 354 sq. ft. building is fully occupied by Wendy's under along-term lease with renewal options. The care-free lease structure provides secure and predictable cash flow from an exceptional covenant, supported by contractual rent escalations in 2028 and 2033.The surrounding area is experiencing continued intensification, with two new condominium developments directly across King Street West and Dufferin Street, further enhancing foot traffic and strengthening an already established retail node. 1200 King Street West represents a rare opportunity to acquire a landmark corner asset with an exceptionally strong covenant in one of Toronto's most dynamic and rapidly evolving neighbourhoods.