Business For Sale · Retail

3 - 44 CENTRE STREET N, Brampton (Queen Street Corridor)

3 - 44 CENTRE STREET N, Brampton (Queen Street Corridor), ON L6V1S8

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

87%

About this property

Excellent opportunity to lease approximately 456 sq. ft. of commercial space at 44 Centre St N, Brampton. Functional layout with a spacious front open area approximately 22'10" 9'4" plus separate rear office approximately 12' 9'4". Occupancy "D" - Office and Personal Services, including offices, barber shops, beauty parlours, dental offices, self-service laundries, and small tool and appliance rental and service establishments. Excellent central Brampton location suitable for a variety of professional and personal-service businesses. Tenant/tenant's agent to verify intended use and all required municipal approvals. "Unit 3" is not a municipal unit designation and was used only for the building permit process. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

112,121

Households

45,481

Median income

$112,000

Median age

35

Daytime population

129,831

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 3 - 44 CENTRE STREET N, Brampton (Queen Street Corridor).

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.