For Sale · Industrial

2-3 - 5775 ATLANTIC DRIVE, Mississauga (Dixie)

2-3 - 5775 ATLANTIC DRIVE, Mississauga (Dixie), ON L4W4P3

$2.5M total

4,783 SF

Asset Class

Industrial

Size

4,783 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$523

Occupancy

90%

Clear height

19 ft

Loading docks

3

About this property

Prime Mississauga Industrial Opportunity! Fully renovated industrial condo featuring highly sought-after E3 zoning in an exceptional location near Hwy 401 & Dixie Rd. Designed for functionality and accessibility, this impressive unit offers 18' clear height, bright LED lighting, two loading docks, and accommodation for 53' trailers. One loading dock can potentially be converted to a steel drive-in ramp for added flexibility. Recent upgrades include a new roof with warranty and new asphalt. Ample parking and excellent access to major highways make this an ideal opportunity for owner-users, investors, or businesses looking to establish themselves in one of Mississauga's prime industrial areas.TENANTS WILLING TO STAY OR LEAVE. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$129K

Annual cash flow

$-9K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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
Halcyon Wealth Partners4,319 SF2027-06

Area demographics

Trade area within 3 miles of the property.

Population

111,669

Households

47,295

Median income

$91,000

Median age

41.4

Daytime population

140,242

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 2-3 - 5775 ATLANTIC DRIVE, Mississauga (Dixie).

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.