For Lease · Retail

# 116 - 2980 DREW ROAD, Mississauga (Malton)

# 116 - 2980 DREW ROAD, Mississauga (Malton), ON L4T0A7

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

About this property

Prime Ground-Floor Retail/Office Space for Lease - Exceptional Exposure on Airport! a rare opportunity to launch or relocate your business in a highly sought-after, high-traffic plaza. Available for lease for the very first time, this prime ground-floor unit offers unparalleled visibility with prominent, two-sided signage opportunities facing busy Airport Road.Situated in a vibrant commercial hub alongside established professional offices and popular restaurants, this versatile space accommodates a wide range of uses. It is an ideal fit for retail stores, jewelry boutiques, professional offices, courier services, showrooms, or dance and yoga studios. Don't miss your chance to position your business in front of thousands of daily commuters. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

67,790

Households

27,168

Median income

$77,000

Median age

43.2

Daytime population

110,316

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for # 116 - 2980 DREW ROAD, Mississauga (Malton).

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.