For Lease · Retail

109 - 2985 DREW ROAD, Mississauga (Northeast)

109 - 2985 DREW ROAD, Mississauga (Northeast), ON L4T0A1

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

Prime Location! Full Office For Lease At The High Exposure Corner Of Airport Rd & Drew Rd In Mississauga.Bright, Open Concept, Modern, Newly Painted & Beautifully Kept Office - Move-In Ready! Featuring 6 Private Office Rooms, Very Good Size Reception / Waiting Area, Washroom, Space For Pantry/Kitchenette & 2 Private Entrances (One From Front & One From Back).*Excellent Location - Minutes To Hwy 401, 410, 427 & 407, Close To Pearson Airport, Public Transit & Malton GO Station. Easy Access To Brampton, Toronto & All Amenities. Lots Of Parking At Front & Rear Of Building With Great Exposure.*Ideal For Lawyers, Accountants, Realtors, Consultants, Immigration, Medical, Tech & Any Professional Use. Don't Miss This Opportunity! (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

103,963

Households

36,635

Median income

$81,500

Median age

41

Daytime population

150,473

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 109 - 2985 DREW ROAD, 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.