For Lease · Retail

1/2 - 100 EDGELEY BOULEVARD, Vaughan (Concord)

1/2 - 100 EDGELEY BOULEVARD, Vaughan (Concord), ON L4K5W7

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

88%

About this property

Be part of a new premier luxury entertainment complex coming to Vaughan at the high-exposure intersection of Hwy 400 & Hwy 7! Two fully renovated, fully equipped food court units are available for lease within this exciting destination, featuring a children's indoor playground, go-karting, luxury spa, supermarket, Starbucks, and surrounding residential communities. Both units are ready for your business concept, offering an excellent opportunity to launch with minimal upfront investment. Unit #1 is ideal for beverages, bubble tea, desert, or specialty drinks, while Unit #2 is suitable for fast food, quick-service restaurants, and various food concepts. Gas lines and commercial exhaust ventilation are already installed. Rent includes TMI and utilities, simplifying your operating costs. Ample parking available for customers.Unit #1: $5,000/month | Unit #2: $7,000/month. Don't miss this opportunity to secure your spot in Vaughan's exciting new entertainment destination! LOOKING FOR PIZZA & PASTA SUBTENANT To serve kids party rooms & high traffic condominium centre. Italian, Pizza & fast-food caterer to children's party rooms; Vietnamese Pho & Thai food options; Korean food options; Bubble tea; others welcome. (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

81,576

Households

31,456

Median income

$123,000

Median age

36.7

Daytime population

118,877

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 1/2 - 100 EDGELEY BOULEVARD, Vaughan (Concord).

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.