1/313 & 14 - 4120 STEELES AVENUE W, Vaughan (Steeles West Industrial)
13 & 14 - 4120 STEELES AVENUE W, Vaughan (Steeles West Industrial), ON L4L4V2
Price on request
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
83%
About this property
Excellent opportunity to lease a corner unit located at 4120 Steeles Ave W, That has operated as a restaurant. This space is currently outfitted with a hood and walk-in cooler, providing a strong head start for a new food-service concept. The unit also features a large patio area, adding valuable outdoor seating potential during the warmer months. The landlord would also consider Non restaurant/hospitality uses. Conveniently situated on Steeles Ave W with excellent exposure and accessibility, making this a great opportunity for an established operator or entrepreneur looking to open or expand their business. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
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
111,659
Households
38,851
Median income
$94,000
Median age
31.4
Daytime population
118,131
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 13 & 14 - 4120 STEELES AVENUE W, Vaughan (Steeles West 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.