For Lease · Retail

200 - 151 QUEEN STREET S, Mississauga (Streetsville)

200 - 151 QUEEN STREET S, Mississauga (Streetsville), ON L5M1L1

Price on request

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

84%

About this property

Rare Opportunity To Lease A Restaurant/Cafe In The Heart Of Streetsville. Situated On Queen Street South, Offering Excellent Exposure And High Daily Traffic Daily Counts. Operating As Nox Wine Bar For The Past Few Years, You Can Bring Your Own Vision To Life. Prominent Features Include, Liquor Licence, Large Year Round Patio, Ample Parking And Queen Street Signage. Ideal For A QSR, Bakery, Cafe, Art Gallery, Private Event Venue Or Keep As A Wine Bar. Existing Chattels To Be Negotiated. A New Lease Agreement Will Be Executed Prior To Possession. This Is A Gross Lease, No Additional Rent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

106,253

Households

49,363

Median income

$69,000

Median age

41.8

Daytime population

175,364

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 200 - 151 QUEEN STREET S, Mississauga (Streetsville).

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.