For Lease · Retail

2C08 - 7215 GOREWAY DRIVE, Mississauga (Malton)

2C08 - 7215 GOREWAY DRIVE, Mississauga (Malton), ON L4T2T9

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

About this property

Excellent Opportunity To Start Your Own Business In New Westwood Square Mall....Good Size Unit FOR LEASE...Second Floor Unit Approximately 109 Sq. Ft. Well Suited For Any Business: Retail/Professional/Dental /Consulting & Travelling. Well Established High Traffic Location Along With Major Stores Like Fresco, Tim Hortons, Lcbo, Shoppers Drug Mart, Td, Scotia Bank And Many More. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

128,705

Households

50,193

Median income

$78,000

Median age

41.9

Daytime population

213,230

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 2C08 - 7215 GOREWAY DRIVE, Mississauga (Malton).

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.