1/11Unknown
Unknown, ON
$240,000 total
3,824 SF
Asset Class
Specialty
Size
3,824 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$63
Occupancy
84%
Year Built
2018
About this property
Excellent opportunity to acquire a profitable, well-established tile distribution business operating successfully for more than 8 years in a desirable NE industrial location. This business has over 271 "5 Star" reviews on Google, AI & Chat GPT number one recommended tile shop in Calgary. 640 followers on Instagram and more than 2300 followers on Facebook with a 100% recommendation rate. Situated in a newer building, this easily accessible 3,824 sq. ft. bay features a rear loading dock and 4 designated customer parking stalls. Attractive monthly rent of $6,400 including operating costs, with base rent secured until 2028 and a renewal option. Turnkey operation ready for a new owner! Seller is willing to provide training to ensure a smooth transition. Excellent opportunity for an owner-operator or investor! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$15K
Annual cash flow
$2K
Cash-on-cash
2.58%
DSCR
1.14
Going-in cap
6.31%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 1,393 SF | 2033-02 |
| Meridian Health Group | 791 SF | 2033-02 |
| Meridian Health Group | 1,025 SF | 2033-02 |
Area demographics
Trade area within 3 miles of the property.
Population
107,238
Households
49,849
Median income
$99,000
Median age
32.4
Daytime population
108,602
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unknown.
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.