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3045 Southcreek Rd 2,100 SF Retail Condo Unit Offered at $757,658 in Mississauga, ON L4X 2X7
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.73% |
| Sale Type | Investment |
| Cap Rate | 6.73% |
Description
Sale of Prime Industrial/Retail/Office unit with a great cash flow at 3045 Southcreek Business Park. Fully Leased Unit generating income $6550 + taxes. Currently Used as: Tenant 1 - Martial Arts School (Front half of unit) Lease valid till September 2026 which can be Renewed or Terminated according to the Buyer's interest & Tenant 2 - Tire Change Centre (Rear half of unit) lease valid till April 2028. Common Washroom for both the tenants. Major intersection: Dundas/ Hwy 427. Close to Major highways: 427, QEW, 401 & 403. Lots of Natural light, Ample parking and Amenities close by. Upgraded interiors. Change of use possible and plaza qualifies to set up multiple uses.This prime unit can be suitable for any business owner who would like to run their business in the (Front half Retial space) & can collect the rent of $3000 + tax from the (Rear half Industrial area) which can help reduce mortgage burden. This unit can be also a great deal for investors who are looking for a strong cash flow property to buy.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 53 | 2,100 SF | Retail | $757,658 USD ($360.79 USD/SF) | $50,990.37 USD |
Unit 53
| Unit Size |
| 2,100 SF |
| Condo Use |
| Retail |
| Price |
| $757,658 USD ($360.79 USD/SF) |
| NOI |
| $50,990.37 USD |
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Unit 53
| Unit Size | 2,100 SF |
| Condo Use | Retail |
| Price | $757,658 USD ($360.79 USD/SF) |
| NOI | $50,990.37 USD |
| Sale Type | Investment |
| Cap Rate | 6.73% |
| Description | |
| Sale of Prime Industrial/Retail/Office unit with a great cash flow at 3045 Southcreek Business Park. Fully Leased Unit generating income $6550 + taxes. Currently Used as: Tenant 1 - Martial Arts School (Front half of unit) Lease valid till September 2026 which can be Renewed or Terminated according to the Buyer's interest & Tenant 2 - Tire Change Centre (Rear half of unit) lease valid till April 2028. Common Washroom for both the tenants. Major intersection: Dundas/ Hwy 427. Close to Major highways: 427, QEW, 401 & 403. Lots of Natural light, Ample parking and Amenities close by. Upgraded interiors. Change of use possible and plaza qualifies to set up multiple uses.This prime unit can be suitable for any business owner who would like to run their business in the (Front half Retial space) & can collect the rent of $3000 + tax from the (Rear half Industrial area) which can help reduce mortgage burden. This unit can be also a great deal for investors who are looking for a strong cash flow property to buy.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 61,280 SF | Typical Floor Size | 61,280 SF |
| Property Type | Flex (Condo) | Year Built | 1990 |
| Property Subtype | Showroom | Lot Size | 5.35 AC |
| Building Class | C | Parking Ratio | 1.58/1,000 SF |
| Floors | 1 | ||
| Zoning | E2-1 | ||
| Total Building Size | 61,280 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Showroom |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 61,280 SF |
| Year Built | 1990 |
| Lot Size | 5.35 AC |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | E2-1 |
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100
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3045 Southcreek Rd
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