




1/615 - 1107 LORNE PARK ROAD, Mississauga (Lorne Park), ON L5H3A1
$162,230 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
95%
**TURNKEY SUSHI RESTAURANT IN PRIME LORNE PARK!** Well-established sushi restaurant located in a busy Mississauga plaza, surrounded by the prestigious and highly sought-after Lorne Park neighbourhood. LOW RENT, ample parking and a loyal base of repeat customers make this an attractive turnkey opportunity. Fully equipped Japanese-style kitchen with commercial ventilation system, offering dine-in, take-out, pick-up and delivery, including established delivery business to nearby grocery stores. LCBO application approved, providing potential to further expand the business. Currently operating with short hours, offering significant upside by extending operating hours and maximizing sales. Options to convert to other cuisine concepts, providing flexibility for an owner looking to introduce a new concept. Ideal for an owner-operator or family business. Turnkey, well-established and ready for its next owner - A MUST-SEE! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$749
Projected NOI
$9K
Annual cash flow
$167
Cash-on-cash
0.34%
DSCR
1.02
Going-in cap
5.64%
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.
Trade area within 3 miles of the property.
Population
64,398
Households
23,175
Median income
$123,500
Median age
34.5
Daytime population
69,458
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 15 - 1107 LORNE PARK ROAD, Mississauga (Lorne Park).
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.