1/181141 HIGHBURY AVENUE N, London East (East C)
1141 HIGHBURY AVENUE N, London East (East C), ON N5Y1A5
$139,000 total
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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
95%
About this property
Busy convenience store situated in a plaza which has Shelbys, Swiss chalet and other popular restaurants. $30,000 monthly grocery sales in which, tobacco is less then 27%. $4,500 monthly lotto commission plus $300 Bitcoin and $300 ATM commission. Rent is $4,993 monthly plus HST, TMI is included in the rent. The plaza is located at the busy intersection and the store space is about 1800 sqft, potential to add vape business here. Please make an appointment for visiting the store and don't talk to employees there. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$642
Projected NOI
$8K
Annual cash flow
$541
Cash-on-cash
1.30%
DSCR
1.07
Going-in cap
5.93%
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
49,011
Households
22,524
Median income
$125,500
Median age
34.9
Daytime population
59,291
5-yr growth
2.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1141 HIGHBURY AVENUE N, London East (East C).
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.