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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,000
Cap Rate
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
""INVESTORS ONLY"". Unit has been leased, Buyer to assume lease. E2 zoning allows for wide range of uses. Near Mississauga Convention Centre, Future Smart Center site, Wal-Mart Distribution Facility, Hotels And Residential Neighborhood. Walking distance to LRT. Huge development currently on Hurontario St & Maritz Dr. Many uses include Medical Office/Professional Office/Wholesale facility/Restaurant/Take-out/Commercial School/Veterinary Clinic/Animal care/Animal Boarding/Body-rub/courier/messenger and more. Easy access to Hwys /transit. Current Tenant Mix Incl. Law Offices, Chartered Accountant, Restaurant, Etc. **** EXTRAS **** Commercial Plaza Unit With Multiple Uses. Excellent Signage/Exposure-Unit Faces Derry Rd. Located Opp. Mississauga Convention Centre. (id:39198)
Location
Province
Ontario
City
Mississauga
Address
#16 -6980 Maritz Dr
Postal Code
L5W1Z3
Location Highlights
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Listed by
ROYAL LEPAGE SIGNATURE REALTY Ontario listing
Category
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
1,024
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
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$999,000
Asking Price
$999,000
Cap Rate
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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NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,024
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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