For Lease · Retail

7 - 110 RITCHIE AVENUE, Ajax (Central)

7 - 110 RITCHIE AVENUE, Ajax (Central), ON L1S7G5

$28 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

About this property

Commercial Space for Lease in Plaza Located at Westney Road & Highway 401. Currently Operating as Animal Hospital - Easy for Licensed Veterinarian to Take Over and Operate Same Use or for Pet Grooming Business. Current tenants include: Liberty tax, Traffic Tickets office, Hair Salon, Fast Food, Chiropractor Office, Convenience Store and Dental Office. Ample Parking and Pylon sign on site. (id:66811)

Financial sandbox

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Estimate
Purchase price$28
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

4.68%

DSCR

1.25

Going-in cap

6.95%

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

70,232

Households

27,769

Median income

$88,000

Median age

45.2

Daytime population

62,354

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 7 - 110 RITCHIE AVENUE, Ajax (Central).

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.