Business For Sale · Retail

109 - 7077 KENNEDY ROAD, Markham (Milliken Mills West)

109 - 7077 KENNEDY ROAD, Markham (Milliken Mills West), ON L3R0N8

$349,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

88%

Lot Size

2070 ac

About this property

LOCATION! LOCATION! LOCATION! Restaurant For Sale In Pacific Mall, One Of The GTA's Most Popular Shopping Destinations With Strong Daily Foot Traffic And Excellent Exposure. This Well-Established Restaurant Offers 2,070 SqFt Of Space With A 92-Seats Capacity LLBO Licence. Fully Equipped Professional Commercial Kitchen With Walk-In Cooler And A Complete Range Of Restaurant Equipment. Highly Visible Signage, Ample On-Site Parking, And A Prime Location Within A Busy Shopping Destination. Stable Existing Operation With Great Potential For A Wide Variety Of Restaurant Concepts And Cuisine Types. An Excellent Opportunity For Both Experienced Operators And New Restaurant Entrepreneurs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$349K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$42

Cash-on-cash

0.04%

DSCR

1.00

Going-in cap

5.55%

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

52,063

Households

24,738

Median income

$72,000

Median age

40.6

Daytime population

66,123

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 109 - 7077 KENNEDY ROAD, 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.