Business For Sale · Retail

233 Brady Unit# 10, Sudbury

233 Brady Unit# 10, Sudbury, ON P3E3E2

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

About this property

3764 square feet of premium finished office space in active commercial complex Brady Square. Main floor access and high visibility. With new residential space coming on-stream in the next 18 months, this will be a location that will generate a great deal of attention and foot traffic to a wide assortment of commercial enterprises. With constructions of the new Sudbury arena, there are limitless opportunities for this space. Mall currently houses Weaver Simmons, a variety of small businesses and financial services companies. This space was improved by the former tenant (BDC) with bank quality finishings and easy access for clients. Terrific impression for business looking to enhance their image. With main floor access, the property lends itself to businesses that operate outside of 9-5 hours. Reasonable rent at $21.00 and competitive CAM rates. (id:66811)

Financial sandbox

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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

142,578

Households

63,433

Median income

$115,500

Median age

34.2

Daytime population

129,338

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 233 Brady Unit# 10, Sudbury.

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.