Business For Sale · Office

7/400B - 5045 ORBITOR DRIVE, Mississauga (Airport Corporate)

7/400B - 5045 ORBITOR DRIVE, Mississauga (Airport Corporate), ON L4W4Y8

Price on request

2,500 SF

Asset Class

Office

Size

2,500 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

89%

About this property

Available for lease, half of the top floor of professionally finished office space, Elevator to the 4th floor and enter through your private entrance to reception area. Enter the private work space area with cubicles and private window offices. Lots of natural light, high ceilings, shared his and her washrooms with one other professional tenant (law firm). Flexible lease terms from 12 months to 60 months. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group1,269 SF2027-05
Meridian Health Group548 SF2027-05
Meridian Health Group412 SF2027-05

Area demographics

Trade area within 3 miles of the property.

Population

123,109

Households

55,876

Median income

$132,000

Median age

35.9

Daytime population

154,782

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 7/400B - 5045 ORBITOR DRIVE, 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.