Business For Sale · Industrial

2 - 195 CLAYTON DRIVE, Markham (Milliken Mills West)

2 - 195 CLAYTON DRIVE, Markham (Milliken Mills West), ON L3R7P3

$890,000 total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

86%

Clear height

24 ft

Loading docks

8

About this property

Rare opportunity to invest a high demand 2075 Sq Ft unit in the desirable Clayton Business Park, well-maintained industrial unit features one drive-in shipping door, an impressive 18 8' clear ceiling height, a 2-piece washroom, 600-volt, 100-amp electrical service, and hardwood flooring in the office area. Ideal for distribution, warehousing, showroom, data processing, manufacturing, service industries, and a wide range of other business uses. An excellent investment opportunity with an existing tenant in place, providing stable rental income. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$890K
Down payment30% · $267K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$44K

Annual cash flow

$-6K

Cash-on-cash

-2.12%

DSCR

0.89

Going-in cap

4.91%

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

104,622

Households

36,370

Median income

$129,000

Median age

37.5

Daytime population

114,100

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 2 - 195 CLAYTON 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.