For Sale · Retail

230 OAKLAND ROAD, Brant (Oakland)

230 OAKLAND ROAD, Brant (Oakland), ON N0E1R0

$999,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

Stand alone commercial retail plaza on over an acre of land, complete with a profitable cannabis store (included), convenience store/lcbo outlet (included), and food truck rental. Located right smack dab in the middle of both the entrance to Willow Lake RV resort and the Waterford Heritage Trail (walking and cycling), making this a prime location to expand your investment portfolio. Tons of potential to grow the business to greater heights with the huge parking lot, pylon signage and natural gas service. Many recent updates to the building and property make its future maintenance costs low. Terrific traffic count (5,000-7,000 vehicles daily) and an expanding local population give increased future demand for this type of property and located just 15 mins from Hwy 403 access. *Vendor financing may be possible. Viewings by private appointment only, please do not go direct and disturb the employees. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$49K

Annual cash flow

$-6K

Cash-on-cash

-1.96%

DSCR

0.89

Going-in cap

4.95%

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

110,291

Households

49,502

Median income

$120,500

Median age

35.9

Daytime population

109,576

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 230 OAKLAND ROAD, Brant (Oakland).

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.