For Lease · Retail

ABU - 381 RICHMOND STREET E, Toronto (Moss Park)

ABU - 381 RICHMOND STREET E, Toronto (Moss Park), ON M5A1P6

$47 per sq ft / yr

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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

91%

About this property

Excellent opportunity to lease a versatile approximately 10,300 sq. ft. commercial space combining Retail Units A & B with approximately 2,000 sq. ft. of office space above. The retail portion is offered at $47.00/sq. ft. SG + utilities, with the additional office space available at $6,000/month SG + utilities. This unique configuration is ideal for businesses seeking a combination of prominent customer-facing retail/showroom space with dedicated office, administrative, or operational space above. Suitable for a wide range of permitted uses including retail, showroom, professional services, corporate operations, service-based businesses, wellness, e-commerce, and other commercial concepts. The property also features a drive-in door and loading dock, providing convenient access for deliveries and business operations. An approximately 100 ft. x 100 ft. outdoor courtyard may be available for shared tenant use or potentially exclusive use by one tenant, subject to lease terms and applicable approvals. Parking is available through a Green P parking lot with approximately 22 spaces, with ample additional parking available next door to the west. An exceptional opportunity for a business seeking a substantial and flexible commercial footprint combining retail, office, loading access and valuable outdoor space. Uses are subject to zoning and municipal approvals. (id:66811)

Financial sandbox

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Estimate
Purchase price$47
Down payment30% · $14
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$0

Cash-on-cash

0.08%

DSCR

1.00

Going-in cap

5.56%

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

84,410

Households

36,246

Median income

$63,500

Median age

37.5

Daytime population

114,219

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for ABU - 381 RICHMOND STREET E, Toronto (Moss Park).

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.