12 - 166 BULLOCK DRIVE, Markham (Markville)12 - 166 BULLOCK DRIVE, Markham (Markville) — photo 212 - 166 BULLOCK DRIVE, Markham (Markville) — photo 312 - 166 BULLOCK DRIVE, Markham (Markville) — photo 412 - 166 BULLOCK DRIVE, Markham (Markville) — photo 512 - 166 BULLOCK DRIVE, Markham (Markville) — photo 612 - 166 BULLOCK DRIVE, Markham (Markville) — photo 712 - 166 BULLOCK DRIVE, Markham (Markville) — photo 812 - 166 BULLOCK DRIVE, Markham (Markville) — photo 912 - 166 BULLOCK DRIVE, Markham (Markville) — photo 1012 - 166 BULLOCK DRIVE, Markham (Markville) — photo 1112 - 166 BULLOCK DRIVE, Markham (Markville) — photo 1212 - 166 BULLOCK DRIVE, Markham (Markville) — photo 13
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Business For Sale · Retail

12 - 166 BULLOCK DRIVE, Markham (Markville)

12 - 166 BULLOCK DRIVE, Markham (Markville), ON L3P1W2

Price on request

1,525 SF

Asset Class

Retail

Size

1,525 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

95%

About this property

THIS IS a SUBLEASE : Sublease opportunity at 166 Bullock Drive, Unit 12, Markham. Approx. 1,524 SF commercial unit, currently set up for automotive use. Sublease term through January31, 2030. Gross rent $5,250/month + HST (TMI included), with scheduled annual increases per head lease. Exclusive use of designated front parking spaces. Head lease carries a 3-year renewal option. Sublease subject to head landlord's written consent. Incoming tenant must pass credit check, provide personal indemnity, execute agreement directly with head landlord, and carry $5Mliability insurance with landlord as named insured. One-time assignment fee of$8,000 + HST payable on execution. Ideal for auto repair, detailing, tire service or similar automotive operations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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
Prairie Coffee Roasters917 SF2031-04
Prairie Coffee Roasters525 SF2031-04

Area demographics

Trade area within 3 miles of the property.

Population

42,330

Households

17,516

Median income

$106,000

Median age

35.7

Daytime population

39,221

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 12 - 166 BULLOCK DRIVE, Markham (Markville).

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.