For Sale · Industrial

48 - 11761 DERRY ROAD, Milton (DG Derry Green)

48 - 11761 DERRY ROAD, Milton (DG Derry Green), ON L9E0V9

$1.4M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

94%

Clear height

34 ft

Loading docks

5

About this property

Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new-build condominium development offering functional and versatile industrial space. This 2,384 SF unit is located in Building E and features M2 zoning, 24 ft clear height and a drive-in door, making it an ideal opportunity for automotive users and a variety of industrial businesses. The combination of generous clear height, direct drive-in access and flexible zoning provides an excellent space for businesses requiring functional industrial space. Conveniently located with easy access to Derry Rd. and close proximity to both Milton and Mississauga. Construction is scheduled to begin Fall 2026, with occupancy anticipated for late 2028. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.42M
Down payment30% · $426K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$82K

Annual cash flow

$3K

Cash-on-cash

0.77%

DSCR

1.04

Going-in cap

5.77%

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

54,523

Households

20,357

Median income

$104,000

Median age

44

Daytime population

76,788

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 48 - 11761 DERRY ROAD, Milton (DG Derry Green).

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.