Business For Sale · Industrial

1807 DREW ROAD, Mississauga (Northeast)

1807 DREW ROAD, Mississauga (Northeast), ON L5S1J5

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

92%

Clear height

27 ft

Loading docks

4

About this property

Prime Freestanding Industrial Building with Outside Storage for Lease. Well-maintained 9,545 SF building located in the high demand Airport Corporate Centre, providing access to Highways 401, 407, and 427. Total building area 9,545 SF (MPAC). Building features approximately 18% finished office space, warehouse space of 7,851 SF plus 212 Sf of mezzanine space. The warehouse space is well-suited for a variety of light and heavy industrial uses with a clear ceiling height of 17'8" feet. Lot frontage of 100 feet on north side of Drew Road with depth of 400 feet. Building to lot coverage is 23.9% of 0.915 acre lot area. Total estimated outside storage space is 11,700 SF or 29.3% of site area. Rare front yard outside storage component of 6,200 SF and 5,500 SF of rear O/S. Functional layout with excellent clear height and shipping capabilities supports logistics, warehousing, light and heavy manufacturing, or service-based operations. Strategically sited on Drew Road, offering proximity to Pearson International Airport and exceptional connectivity for businesses requiring regional and international access. Ample parking and proximity to major amenities make this an attractive option for tenants seeking convenience and efficiency. Key Features: Freestanding use with rare exclusive outdoor storage use. Excellent major highway 400 series access. (id:66811)

Financial sandbox

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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

104,773

Households

45,398

Median income

$116,500

Median age

34.6

Daytime population

128,992

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 1807 DREW ROAD, Mississauga (Northeast).

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.