For Lease · Retail

21 - 1320 MID-WAY BOULEVARD, Mississauga (Northeast)

21 - 1320 MID-WAY BOULEVARD, Mississauga (Northeast), ON L5T2K4

$21 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

93%

About this property

Rare opportunity to lease a versatile 1,625 sq. ft. Drive in Multi use unit in one of Mississauga's most sought-after employment areas / major commercial centers. This functional space is ideal for a wide range of Office, Retail, Industrial, Warehousing, Distribution and light manufacturing uses seeking efficient operations in a highly accessible location. unit has top quality office finishes with large windows to allow maximum daylight and an upgraded fully tiled washroom. Strategically situated with close access to Highways 401, 410, 407, and 403, the property offers outstanding transportation links throughout the GTA. The location is also well served by public transit and is surrounded by a variety of amenities, including restaurants other retail services. Landlord can install a mezzanine, remove or re-figure walls or carry out other custom renovations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.71%

DSCR

0.80

Going-in cap

4.43%

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

105,673

Households

46,373

Median income

$64,500

Median age

39.9

Daytime population

139,822

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 21 - 1320 MID-WAY BOULEVARD, Mississauga (Northeast).

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.