1/132 - 1065 DAVIS DRIVE, Newmarket (Huron Heights-Leslie Valley)
2 - 1065 DAVIS DRIVE, Newmarket (Huron Heights-Leslie Valley), ON L3Y2R9
$199,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
82%
About this property
EXTREMELY RARE OPPORTUNITY IN PRIME NEWMARKET LOCATION! Located in the heart of Newmarket at Davis Dr & Leslie St, this well-established restaurant is situated in a highly visible plaza with an excellent corner location and prominent signage. Great lease in place with exceptionally low rent! Fully equipped commercial kitchen, approximately 40 seats, and plenty of customer parking. Seller is willing to provide training to the new owner. Flexible opportunity - suitable for continuing the existing restaurant or converting to other restaurant concepts. Don't miss this rare turn-key opportunity in a prime Newmarket location! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$919
Projected NOI
$10K
Annual cash flow
$-1K
Cash-on-cash
-1.68%
DSCR
0.91
Going-in cap
5.04%
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
72,066
Households
25,119
Median income
$72,500
Median age
39.5
Daytime population
97,574
5-yr growth
6.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 - 1065 DAVIS DRIVE, Newmarket (Huron Heights-Leslie Valley).
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.