For Lease · Retail

25 - 2355 DERRY ROAD E, Mississauga (Mississauga Valleys)

25 - 2355 DERRY ROAD E, Mississauga (Mississauga Valleys), ON L5S1V6

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

82%

About this property

Position Your Business for Success! An excellent opportunity to lease bright, spacious professional office space in the highly desirable Airport Business Area. Ground Floor Office spaces for rent $2500.00 Monthly! Featuring excellent visibility from Derry Road, convenient access to all major highways, and ample parking for clients and staff. This versatile space is suitable for a wide variety of professional uses, including law offices, accounting firms, inusurance brokers, financial consultants real estate offices, travel agencies, immigration services, and much more. Hydro, Heat and one parking space included in the rental price of $2500.00 per month Establish your business in a professional building with a convenient and highly accessible location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

48,055

Households

22,444

Median income

$63,500

Median age

40.6

Daytime population

76,186

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 25 - 2355 DERRY ROAD E, Mississauga (Mississauga Valleys).

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.