For Lease · Retail

H6 - 1860 MAJOR MACKENZIE DRIVE W, Vaughan

H6 - 1860 MAJOR MACKENZIE DRIVE W, Vaughan, ON L6A4R9

$1 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

89%

About this property

Fully improved approximately 1432 sq. ft. quick-service restaurant premises situated in Maple. The premises are presently configured for a Asian fusion take-out and sit-down restaurant that may reduce construction time and costs for an incoming operator. Available by way of assignment of the existing lease or sublease, subject to the prior written consent of the head landlord. Any proposed use, concept, trade name and menu are subject to the head landlord's approval and the applicable use restrictions and exclusivities affecting the shopping centre. Immediate possession may be available, subject to receipt of all required approvals and completion of documentation. Exact balance of the head lease term and expiry date remain subject to confirmation from the head landlord. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1
Down payment30% · $0
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

91,950

Households

33,842

Median income

$123,000

Median age

36.5

Daytime population

103,809

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for H6 - 1860 MAJOR MACKENZIE DRIVE W, Vaughan.

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.