Business For Sale · Retail

752 Montrose Avenue, Sudbury

752 Montrose Avenue, Sudbury, ON P3A4V4

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

91%

About this property

Great leasing opportunity in the Montrose Mall with direct storefront exposure to Lasalle Blvd . This prime unit offers 2,271 sq ft of main floor space as well as a second level mezzanine floor with 1,367 sq ft of additional space. It has both a back and front entrance and 2-2pc washrooms . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

84,447

Households

32,460

Median income

$108,500

Median age

44.4

Daytime population

87,990

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 752 Montrose Avenue, Sudbury.

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.