For Lease · Retail

11665 67 MCVEAN DR DRIVE, Brampton (Toronto Gore Rural Estate)

11665 67 MCVEAN DR DRIVE, Brampton (Toronto Gore Rural Estate), ON L6P4J4

Price on request

3,200 SF

Asset Class

Retail

Size

3,200 SF

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

84%

About this property

Exceptional leasing opportunity in a highly desirable location! Approximately 3,200 sq. ft. of restaurant space, currently configured for approximately 100 seats. The incoming tenant will be required to purchase the existing equipment, fixtures, chattels and leasehold improvements for an additional one-time amount, separate from the monthly rent and other lease charges. All lease terms are subject to the landlord's approval. This is not a sale of the business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,736 SF2028-02
Vector Robotics962 SF2028-02

Area demographics

Trade area within 3 miles of the property.

Population

128,308

Households

46,136

Median income

$98,500

Median age

43.9

Daytime population

137,765

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 11665 67 MCVEAN DR DRIVE, Brampton (Toronto Gore Rural Estate).

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.