1/335 - 1025 ELGIN STREET W, Cobourg
5 - 1025 ELGIN STREET W, Cobourg, ON K9A5W4
$125,000 total
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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
90%
About this property
SCORE PIZZA Business in Cobourg, ON is For Sale. Located at the busy intersection of Elgin St W & Strathy Rd. Surrounded by residential neighbourhoods, retail stores, offices, major amenities and much more. Monthly Sales: Approx. $25,000. Rent: $8,124.10/month including TMI & HST, Store Area: 1,765 Sq. Ft., Lease Term: 10 years from June 2023 to June 2033, Operating Since: June 2023. Features 40 seats, is licensed to serve alcohol, and is approved for a patio. Excellent franchise restaurant business with great potential to grow sales even further. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$577
Projected NOI
$6K
Annual cash flow
$-512
Cash-on-cash
-1.37%
DSCR
0.93
Going-in cap
5.13%
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
50,772
Households
22,850
Median income
$131,500
Median age
38.3
Daytime population
73,620
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5 - 1025 ELGIN STREET W, Cobourg.
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.