Business For Sale · Retail

UNITS 1, 2, 3, 4 & 5 - 80 NORMAN JONES PLACE, Whitchurch-Stouffville (Stouffville)

UNITS 1, 2, 3, 4 & 5 - 80 NORMAN JONES PLACE, Whitchurch-Stouffville (Stouffville), ON L4A7X3

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

83%

About this property

Don't Miss This Opportunity to Have Your Own Business in this New Automobile & Body Shop Zoned Building Surrounded by Toyota, Honda, Nissan, KIA & Chrysler Dealerships. Units are 2500 Sq. Ft., plus 600 Sq. Ft. Office with 2 Washrooms. The Units have 14-Foot-High Drive-In Doors and CLEAR BUILDING HEIGHT of 28 Feet. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

129,635

Households

44,712

Median income

$116,500

Median age

35.6

Daytime population

209,258

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for UNITS 1, 2, 3, 4 & 5 - 80 NORMAN JONES PLACE, Whitchurch-Stouffville (Stouffville).

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.