For Lease · Retail

8 - 2601 MATHESON BOULEVARD, Mississauga (Airport Corporate)

8 - 2601 MATHESON BOULEVARD, Mississauga (Airport Corporate), ON L4W5A8

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

88%

About this property

Recently renovated two-storey commercial unit offering flexible space suitable for a variety of business uses. The premises comprise approximately 1,650 sq. ft. on the Main Floor and 1,500 sq. ft. on the Mezzanine Floor. The premises are available for lease as follows:1. Main Floor Only: CAD $3,500.00 per month, plus HST and utilities.2. Main Floor and Mezzanine Floor: CAD $6,000.00 per month, plus HST and utilities. The unit features a large rear garage door, providing convenient loading and access. The premises may accommodate a variety of commercial uses, including office and related uses, subject to applicable zoning, municipal requirements, and landlord approval. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

120,251

Households

48,033

Median income

$126,500

Median age

34.9

Daytime population

132,396

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 8 - 2601 MATHESON BOULEVARD, Mississauga (Airport Corporate).

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.