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Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
92%
Clear height
27 ft
Loading docks
4
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)
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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.
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.
Confidential diligence documents for 1807 DREW ROAD, Mississauga (Northeast).
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.