







1/944B - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial), ON L4L4V9
$15 per sq ft / yr
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Asset Class
Retail
Size
—
Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
83%
This is a perfect opportunity to secure a retail like unit with a face onto Steeles, without the main street retail price tag. Well located space in the heart of Vaughan's business park. Close to the 400 and the 427 highways. Total of 2203 sq ft (247 sq ft of which is proportioned common area). Has direct entrance from the front (South) side of the building for customers and deliveries. All parking at the building are common and there is ample parking at front, side and rear. Operating expenses includes taxes, maintenance, insurance, heat, hydro, AC. Owner is looking for a long term tenant for a minimum of 5 years. Located near many prominent businesses and public transit. Immediate possession available. Many professional businesses work out of this building. It is cleaned and maintained daily. All offers to have a $1 increase per. There is a separate unit that could be amalgamated with this unit for an extra 1083 sq ft if a business needs more storage space or general space. This is perfect for a clothing store, showroom, or professional office with clients who come into the office. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-0.03%
DSCR
1.00
Going-in cap
5.53%
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
127,482
Households
44,175
Median income
$86,500
Median age
42.8
Daytime population
114,963
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 44B - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial).
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.