Business For Sale · Office

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

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

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

100%

About this property

Excellent Opportunity To Sublease Bright, Professional And Turnkey Office Space In The Heart Of Mississauga. Ground-Floor Location Featuring Impressive 16-Ft Ceilings, Modern Office Space, Ample Storage And Tons Of On-Site Parking. Three Private Offices Are Currently Rented, Offering An Established Professional Environment With Additional Space Available. Ideal For Real Estate, Mortgage, Legal, Accounting, Insurance, Financial Services, Consulting Or Other Professional Office Uses. Excellent Central Location With Convenient Access For Both Clients And Staff. Move-In Ready With No Costly Build-Out Required. A Great Opportunity To Establish Your Business In A Bright, Professional And Well-Maintained Space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

71,829

Households

28,118

Median income

$100,000

Median age

44.6

Daytime population

95,328

5-yr growth

9.1%

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.