1/136 - 47 HARRY WALKER PARKWAY, Newmarket (Newmarket Industrial Park)
6 - 47 HARRY WALKER PARKWAY, Newmarket (Newmarket Industrial Park), ON L3Y0G3
$289,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
86%
About this property
High-exposure turnkey investment! Established "Pedi N Nails" franchise location in a bustling Newmarket plaza. Prime anchor tenants include Costco, Starbucks, Tim Hortons, Dollar Tree, Paris Baguette, and Popeyes. Newly renovated 1,200 sq. ft. layout fully equipped with 8 pedicure chairs, 8 manicure stations, 2 private waxing rooms, washroom, and dedicated laundry room. Secure long-term lease with 7 years remaining plus a 5-year renewal option. Low rent at $5,300/month (TMI & HST included), low franchise fee of only $1200/Year. Ample plaza parking and high daily foot traffic. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$-389
Cash-on-cash
-0.45%
DSCR
0.98
Going-in cap
5.41%
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
93,252
Households
42,788
Median income
$99,000
Median age
32.6
Daytime population
94,848
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6 - 47 HARRY WALKER PARKWAY, Newmarket (Newmarket Industrial 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.