Business For Sale · Specialty

150 - 4 ROBERT SPECK PARKWAY, Mississauga (City Centre)

150 - 4 ROBERT SPECK PARKWAY, Mississauga (City Centre), ON L4Z1S1

$100,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

86%

About this property

Excellent Opportunity To Acquire A Turnkey Professional Office Business In The Heart Of Mississauga. Hundreds Of Thousands Of Dollars Have Been Invested In High-Quality Leasehold Improvements, Creating A Bright, Modern And Professional Space Ready For Immediate Use. Excellent Lease In Place With Options To Renew, Providing Long-Term Stability For The New Owner. Ground-Floor Location Featuring Impressive 16-Ft Ceilings, Modern Private Offices, Ample Storage And Tons Of On-Site Parking. Three Private Offices Are Currently Rented, Providing Existing Rental Income. Simply Move Your Business In And Operate, Or Continue To Run The Space As Professional Offices. Ideal For Real Estate, Mortgage, Legal, Accounting, Insurance, Financial Services, Consulting And Many Other Uses. Excellent Central Mississauga Location With Convenient Access For Clients And Staff. A Rare Opportunity To Acquire A Professionally Finished, Move-In Ready Space Without The Significant Cost And Time Of A New Build-Out. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$100K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$462

Projected NOI

$5K

Annual cash flow

$-214

Cash-on-cash

-0.71%

DSCR

0.96

Going-in cap

5.33%

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

46,182

Households

21,912

Median income

$106,500

Median age

33.9

Daytime population

55,673

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 150 - 4 ROBERT SPECK PARKWAY, Mississauga (City Centre).

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.