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For Sale · Retail

104 LAKESHORE ROAD E, Mississauga (Port Credit)

104 LAKESHORE ROAD E, Mississauga (Port Credit), ON L5G1E3

Price on request

2,840 SF

Asset Class

Retail

Size

2,840 SF

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

96%

Lot Size

2840 ac

About this property

Bring your next restaurant to Lakeshore Road East in the heart of Port Credit! This restaurant sublease at 104 Lakeshore Road East offers the opportunity to operate as The WORKS franchise, subject to franchisor approval, or bring your own concept to the space, subject to landlord approval. Approximately 2,000 sq. ft. with prominent Lakeshore frontage, a street-facing patio and a full commercial kitchen exhaust system already in place. Currently licensed for 90 guests indoors and 20 on the front patio, the space offers a full-service dining room and patio seating right on Lakeshore. Preference will be given to established restaurant brands and experienced operators with a proven concept. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,428 SF2034-06
Halcyon Wealth Partners679 SF2034-06
Halcyon Wealth Partners400 SF2034-06
Halcyon Wealth Partners400 SF2034-06

Area demographics

Trade area within 3 miles of the property.

Population

45,926

Households

20,893

Median income

$112,500

Median age

33.1

Daytime population

40,709

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 104 LAKESHORE ROAD E, Mississauga (Port Credit).

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.