Business For Sale · Retail

104 - 2 EMPIRE BOULEVARD, Brighton

104 - 2 EMPIRE BOULEVARD, Brighton, ON K0K1H0

Price on request

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

82%

About this property

Soon to be completed, "Empire Corners" is an architecturally designed, mixed use complex, destined to become Brighton's latest landmark. Built by the Stalwood Group and offers (4) four commercial units on Level 1. Located at the south west corner of Empire Blvd and Main street, "Empire Corners" offers the astute business person searching for a premiere address a rare leasing opportunity. Contact your realtor for a Tenant's Information Packet including the minimum rent for year 1 to 5; leasing details, floor plans and Tenant's Improvement Allowance. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

103,784

Households

45,461

Median income

$114,000

Median age

34.7

Daytime population

168,775

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 104 - 2 EMPIRE BOULEVARD, Brighton.

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.