For Lease · Office

301 - 5871 HIGHWAY 7 ROAD E, Markham (Bullock)

301 - 5871 HIGHWAY 7 ROAD E, Markham (Bullock), ON L3P1A3

$11.5 per sq ft / yr

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Asset Class

Office

Size

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Building class

C

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

86%

About this property

Office space at 5871 Highway 7 in Markham. This building offers a prime location with excellent visibility along the bustling Highway 7 corridor. Situated just minutes from Main Street Markham and surrounded by a mix of residential and commercial buildings, this office is ideal for businesses seeking convenience and exposure. Ample parking is available on-site, with easy access to major highways and public transit. Perfect for professional services, this space provides the flexibility and environment to support your growing business. (id:66811)

Financial sandbox

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Estimate
Purchase price$12
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

6.46%

DSCR

1.35

Going-in cap

7.48%

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

128,905

Households

46,278

Median income

$127,000

Median age

37.7

Daytime population

113,889

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 301 - 5871 HIGHWAY 7 ROAD E, Markham (Bullock).

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.