Business For Sale · Industrial

102 - OPT C - 100 STEELCASE ROAD E, Markham (Milliken Mills West)

102 - OPT C - 100 STEELCASE ROAD E, Markham (Milliken Mills West), ON L3R1E8

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

91%

Clear height

20 ft

Loading docks

10

About this property

Excellent Sublease Opportunity for Warehouse Space Only, 22 Feet Clear Height Warehouse with 2 Truck Level Doors, 53 ft Trailer Access Available, Located in Markham, Available for Immediate Occupancy. (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

69,927

Households

29,866

Median income

$64,000

Median age

40.5

Daytime population

83,985

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 102 - OPT C - 100 STEELCASE ROAD E, Markham (Milliken Mills West).

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.