Business For Sale · Retail

5 - 5694 HIGHWAY 7 HIGHWAY, Markham (Bullock)

5 - 5694 HIGHWAY 7 HIGHWAY, Markham (Bullock), ON L3P1B4

$199,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

Excellent opportunity to own Wings sport in prime Markham location, surrounded by public school, car dealerships and shopping mall.Buyer can continue with the existing Wings Spot concept or bring there own brand Ideal opportunity for entrepreneurs looking to establish or expand their restaurant business (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$919

Projected NOI

$11K

Annual cash flow

$-229

Cash-on-cash

-0.38%

DSCR

0.98

Going-in cap

5.43%

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

96,508

Households

37,669

Median income

$94,000

Median age

31.4

Daytime population

92,196

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 5 - 5694 HIGHWAY 7 HIGHWAY, Markham (Bullock).

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.