Business For Sale · Industrial

6 - 3025 KENNEDY ROAD, Toronto (Milliken)

6 - 3025 KENNEDY ROAD, Toronto (Milliken), ON M1V1S3

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

100%

Clear height

27 ft

Loading docks

2

About this property

Now available for lease: 7,500 sq ft of industrial space at Unit 6, 3025 Kennedy Rd, in the Milliken employment area of Scarborough. This industrial condominium unit delivers the space growing operations actually need: an open, efficient floor area with 16-ft clear ceiling height, air conditioning and gas forced-air heating, ready for warehousing and distribution, light or heavy manufacturing, building supplies, contractor operations, wholesale, cold storage and many other industrial uses. Location works as hard as the space: minutes to Hwy 401 & Hwy 404, Pacific Mall, Milliken GO Station and TTC routes, with Markham and the rest of the GTA at your doorstep - easy for your workforce, your customers and your trucks. Large industrial units of this size rarely come up in this established pocket - secure yours today. (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

137,753

Households

48,520

Median income

$83,000

Median age

42.1

Daytime population

118,647

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 6 - 3025 KENNEDY ROAD, Toronto (Milliken).

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.