Business For Sale · Industrial

UNIT #4 - 151 SPINNAKER WAY, Vaughan (Concord)

UNIT #4 - 151 SPINNAKER WAY, Vaughan (Concord), ON L4K4C3

$129,900 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

93%

Clear height

29 ft

Loading docks

10

About this property

Excellent opportunity to own Greenarium, an established and well-organized indoor microgreens business offering year-round production of fresh, locally grown products. The operation is highly automated and designed for efficiency, requiring only a few hours of owner involvement per week with no need to be on-site every day. The controlled indoor growing system provides consistent growing conditions while supporting efficient water and space usage. The business operates with streamlined processes, making it manageable for a new owner while offering flexibility and limited day-to-day involvement. Great potential for further growth by increasing production, expanding the customer base, introducing additional products and developing new distribution channels. An appealing opportunity for an entrepreneur looking for an established, efficient business with room to expand. Additional information is available to qualified purchasers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$130K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$600

Projected NOI

$8K

Annual cash flow

$686

Cash-on-cash

1.76%

DSCR

1.10

Going-in cap

6.07%

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

118,143

Households

50,866

Median income

$100,500

Median age

45.8

Daytime population

189,480

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for UNIT #4 - 151 SPINNAKER WAY, Vaughan (Concord).

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.