8 - 245 RIVIERA DRIVE, Markham (Milliken Mills West)8 - 245 RIVIERA DRIVE, Markham (Milliken Mills West) — photo 28 - 245 RIVIERA DRIVE, Markham (Milliken Mills West) — photo 3
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Business For Sale · Industrial

8 - 245 RIVIERA DRIVE, Markham (Milliken Mills West)

8 - 245 RIVIERA DRIVE, Markham (Milliken Mills West), ON L3R5J9

Price on request

1,868 SF

Asset Class

Industrial

Size

1,868 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

98%

Clear height

20 ft

Loading docks

3

About this property

Small Unit W/Drive-In Shipping & 70% New Offices *Close To 407 & 404 * (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design938 SF2030-07
Blue Harbour Design454 SF2030-07
Blue Harbour Design400 SF2030-07
Blue Harbour Design400 SF2030-07

Area demographics

Trade area within 3 miles of the property.

Population

60,563

Households

27,947

Median income

$62,500

Median age

39

Daytime population

89,848

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 8 - 245 RIVIERA DRIVE, Markham (Milliken Mills West).

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.