Business For Sale · Industrial

10 - 3575 14TH AVENUE, Markham (Milliken Mills West)

10 - 3575 14TH AVENUE, Markham (Milliken Mills West), ON L3R0H6

Price on request

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

97%

Clear height

21 ft

Loading docks

8

About this property

Great location close to Warden and 14th Ave. Close to highways 404 and 407. There is 1 private and an open area at the back of the unit for storage. Small kitchenette. Easy to show with lockbox. Great space for a showroom being used as a kitchen showroom currently. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

116,614

Households

47,482

Median income

$77,000

Median age

43

Daytime population

100,611

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 10 - 3575 14TH AVENUE, 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.