Business For Sale · Industrial

5 - 5500 TOMKEN ROAD, Mississauga (Northeast)

5 - 5500 TOMKEN ROAD, Mississauga (Northeast), ON L4W2Z4

$1.3M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

95%

Lot Size

2389 ac

Clear height

19 ft

Loading docks

13

About this property

Sale of Prime Retail/Industrial/Office unit with a very efficient and upgraded layout. Property is currently finished with (main floor) 2 large 8 seater Conference rooms, 1 large reception with waiting area, 2 washrooms, 1 kitchenette, 3 private office rooms, 1 Server room, lots of storage area closer to Bay door on the rear side of the unit + (Mezzanine) has 1 podcast/waiting area, 2 studios/private offices, 1 washroom, 1 pantry, 1 storage room. Mezzanine of Approx 1200-1500 sq.ft is not included in the total square footage, making it a very attractive purchase. Truck level Bay door makes it very convenient for movement of goods. Close to Major highways: 401& 403. Ample parking and Amenities close by. Upgraded interiors for the current use of Studio and Music/POD CAST recording. Change of use possible and Property qualifies to set up multiple uses. Perfect for any business owner who would like to run their business from the property Or investor who wishes to use part of the unit and lease the balance space. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.29M
Down payment30% · $387K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$71K

Annual cash flow

$-188

Cash-on-cash

-0.05%

DSCR

1.00

Going-in cap

5.53%

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

81,006

Households

32,633

Median income

$126,000

Median age

36.6

Daytime population

108,872

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 5 - 5500 TOMKEN ROAD, Mississauga (Northeast).

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.