Business For Sale · Retail

102 - 2 EMPIRE BOULEVARD, Brighton

102 - 2 EMPIRE BOULEVARD, Brighton, ON K0K1H0

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

94%

About this property

Soon to be completed, "Empire Corners" is an architecturally designed, mixed use complex, destined to become Brighton's latest landmark. Built by the Stalwood Group and offers (4) four commercial units on Level 1. Located at the south west corner of Empire Blvd and Main street, "Empire Corners" offers the astute business person searching for a premiere address a rare leasing opportunity. Contact your realtor for a Tenant's Information Packet including the minimum rent for year 1 to 5; leasing details, floor plans and Tenant's Improvement Allowance. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

92,691

Households

32,578

Median income

$66,000

Median age

40.9

Daytime population

138,414

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 102 - 2 EMPIRE BOULEVARD, Brighton.

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.