Business For Sale · Retail

39 QUEEN STREET E, Brampton (Downtown Brampton)

39 QUEEN STREET E, Brampton (Downtown Brampton), ON L6W2A7

Price on request

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

96%

About this property

Unbelievable retail opportunity downtown Brampton in a beautifully renovated historic property. Full exterior renovation just completed with all new storefront glass, doors and cladding. The property has been completely transformed and has only 1 retail unit remaining. Existing Tenant's include lawyers office occupying the entire 2nd floor and 1 retail space, a nail salon and a specialty grocery user. The building is steps to every amenity imaginable and in very close proximity to and abundance of free municipal parking at the Rose Theatre and underground lot directly behind the property. The building is right in the middle of a rapidly transforming area and will benefit from the future construction of the centre for innovation, ongoing streetscape upgrades (completed on this section of Queen St.E.), re-development of Garden Square and Ken Whillans Square, huge upgrades to transit and the Riverwalk which will divert flood risk from downtown Brampton intensifying development opportunities in the downtown. Excellent opportunity to take advantage of a transformational time downtown Brampton with very limited retail opportunities in the downtown core. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

117,748

Households

54,412

Median income

$129,500

Median age

35.7

Daytime population

135,234

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 39 QUEEN STREET E, Brampton (Downtown Brampton).

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.