For Sale · Retail

143 - 2960 DREW ROAD, Mississauga (Airport Corporate)

143 - 2960 DREW ROAD, Mississauga (Airport Corporate), ON L4T0A5

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

97%

About this property

Excellent rental opportunity in the highly sought-after Great Punjab Plaza at *Airport Rd & Drew Rd!* Approximately 1,300 Sq Ft of open concept layout, very well maintained and in mint condition.This functional unit features *4 Big Private Offices, 1 Washroom, Kitchen & Large Storeroom.* Can be leased *Furnished or Unfurnished* as per tenant's requirement - Move-in ready!*Location Highlights:* One of Mississauga's busiest commercial hubs at Airport & Drew, minutes from Toronto Pearson Airport, Hwy 401, 427, 409 & 407. High-traffic, high-exposure location surrounded by major banks, restaurants, grocery, retail and professional offices. Excellent public transit and ample parking for clients & staff.*Building Highlights:* Great Punjab Plaza is a very well-managed, clean and prestigious plaza. Ideal for Real Estate Office, Law Office, Accounting, Mortgage, Insurance, Immigration, Travel, IT Services, or any professional use.Rare opportunity in a prime Malton / Airport Corporate Centre (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

62,343

Households

25,209

Median income

$98,000

Median age

31.6

Daytime population

90,468

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 143 - 2960 DREW ROAD, Mississauga (Airport Corporate).

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.