Business For Sale · Industrial

16-20 - 18 DENISON STREET, Markham (Milliken Mills West)

16-20 - 18 DENISON STREET, Markham (Milliken Mills West), ON L3R1B6

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

90%

Clear height

24 ft

Loading docks

14

About this property

** End Cap Units ** 3 Truck Level Doors ** Approximately 15% Office Space , ** Good Layout ** In Great Location Near Hwys 407/404. Street Exposure. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

51,060

Households

23,885

Median income

$136,000

Median age

36.6

Daytime population

50,330

5-yr growth

1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 16-20 - 18 DENISON STREET, Markham (Milliken Mills West).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.