1/1626 - 2120 NORTH PARK DRIVE, Brampton (Bramalea North Industrial)
26 - 2120 NORTH PARK DRIVE, Brampton (Bramalea North Industrial), ON L6S0C9
$499,999 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
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Occupancy
89%
About this property
Profitable cannabis dispensary available for the first time. Beautifully built out space with attention to detail. Large display area with secure storage, accessible washroom and kitchenette. Sales and profitability have been steadily increasing since inception. Store has been open for 5 years and sales are still growing. 5 years left on a rent friendly lease with option to renew. Excellent location at the corner of North Park and Torbram. Amazing opportunity to purchase a fully licensed operating cannabis dispensary. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$29K
Annual cash flow
$920
Cash-on-cash
0.61%
DSCR
1.03
Going-in cap
5.73%
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
104,629
Households
36,323
Median income
$89,500
Median age
45.8
Daytime population
107,462
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 26 - 2120 NORTH PARK DRIVE, Brampton (Bramalea North Industrial).
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.