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3045 Southcreek rd 2,100 SF 100% Leased Retail Building Mississauga, ON L4X 1M3 $1,099,000 CAD ($523.33 CAD/SF) 6.42% Cap Rate



Investment Highlights
- Fully leased unit generating $6,550 per month plus taxes with two long-term tenants.
- Flexible zoning (M1-G) allowing multiple uses and potential for change of use.
- Strategic location near Dundas Street and Highway 427 with quick access to QEW, 401, and 403.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,100 SF
Year Built
1975
Price
$1,099,000 CAD
Price Per SF
$523.33 CAD
Cap Rate
6.42%
NOI
$70,556 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
m1-g
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100
Nearby Major Retailers
1 of 11
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3045 Southcreek rd
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