Business For Sale · Industrial

D - 75 KONRAD CRESCENT, Markham (Milliken Mills West)

D - 75 KONRAD CRESCENT, Markham (Milliken Mills West), ON L3R8T8

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

92%

Clear height

19 ft

Loading docks

14

About this property

Well-appointed office space with a mix of private offices, open space, meeting rooms, washroom(with shower room) and kitchenettes. Warehouse offers a column free space for efficient racking and storage. Shipping can accommodate 53' trailers. Generous parking in front of unit . Minutes from Highway 407 and surrounded by local amenities. Clean uses only. No manufacturing or food uses or storage. No recreational uses. Utilities included if not heavy use (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

103,382

Households

44,082

Median income

$88,500

Median age

44

Daytime population

150,688

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for D - 75 KONRAD CRESCENT, Markham (Milliken Mills West).

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.