Business For Sale · Retail

9129 DERRY ROAD, Milton (CL Clarke)

9129 DERRY ROAD, Milton (CL Clarke), ON L9T7Z1

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

96%

About this property

Dont miss out on this amazing opportunity! Situated at the bustling intersection of Derry Road and Thompson Road, Thompson Square offers an ideal location to join numerous successful businesses. This vacant unit was operating as a clothing store and hair salon before clothing store . This 825 SQ/FT unit boasts high ceilings, a washroom, and plenty of parking, ensuring convenience for both you and customers. The versatile space allows a wide range of uses. The prime location offers excellent exposure and clear visibility from both Derry Road and Thompson Road, ensuring maximum foot traffic and potential customers. Dont hesitate to seize this incredible opportunity to establish your thriving business in a high-traffic area. Rent will be calculated as $2800 Plus HST + TMI $750. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

119,215

Households

52,878

Median income

$92,000

Median age

42.7

Daytime population

106,206

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 9129 DERRY ROAD, Milton (CL Clarke).

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.