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Office Building For Sale at #208 -2970 DREW RD in Mississauga, Ontario

New
4 Sale ID #233288
Updated 04 May 2024

Asking Price

$674,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Move In Ready! Professionally Fully Finished Office Unit With 3 Offices and Reception & Small Kitchen! Located In A Very Busy Plaza At Airport Rd And Drew Rd, Lots Of Parking And Foot Traffic... Excellent Maximum Visibility. Excellent For Professional Office. **** EXTRAS **** Three Big Windows For Signage* Facing Drew Rd. (id:39198)

  • MLS® : #W8291334
  • Date Listed : 01 May 2024

Location

Province

Ontario

City

Mississauga

Address

#208 -2970 Drew Rd

Postal Code

L4T0A7

Location Highlights

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Listed by

RE/MAX GOLD REALTY INC. Ontario listing

Category

office-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

942

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$674,900

Asking Price

$674,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

942

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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