Business For Sale · Industrial

6-8 - 7575 KIMBEL STREET, Mississauga (Northeast)

6-8 - 7575 KIMBEL STREET, Mississauga (Northeast), ON L5S1C8

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

88%

Clear height

18 ft

Loading docks

10

About this property

Functional 14,698 sq ft industrial space with 3 dock doors and a shipping yard accommodating 53 ft trailers. Small office area recently renovated. Desirable E3 zoning and prime location on north end of Pearson Airport. Convenient location with easy access to 410, 427, 401. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

115,601

Households

48,816

Median income

$136,500

Median age

39.6

Daytime population

114,443

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 6-8 - 7575 KIMBEL STREET, Mississauga (Northeast).

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.