2390 Cawthra Rd - Showroom FOR SALE


Mississauga, ON L5A 2X1- Cooksville
$9,495,000 CAD
416-620-2892
2390 Cawthra Rd, Mississauga, ON for Sale
$9,495,000 CAD
Showroom - FOR SALE
1/3
null | Request Cap Rate

2390 Cawthra Rd
Mississauga, ON L5A 2X1
Cooksville


OVERVIEW

Unique opportunity to acquire a 30,902 SF industrial freestand in Central Mississauga at below vacant and replacement value. The property is currently demised into 7 units, however, all tenant leases are set to expire by November 30th, 2026. Up to 14,857 SF can be occupied on closing which can increase to 21,106 SF of contiguous space by March 1st, 2026. The balance of the building could potentially become available by December 1st, 2026. The property also provides an opportunity to potentially convert to strata-condo industrial units or remain as an income-producing asset and grow rents to a market range of +/- $19.00 Net PSF. The property is being offered for sale with in-place debt of $6,677,000 (70% of asking price) that is to be assumed by the purchaser.

FOR SALE DETAILS

PRICE

$9,495,000 CAD

PRICE/SF

$307 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

9

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.67

LAND SF

72,745

ZONING

E2-131

APN/PARCEL ID

210501006007700

ASK ABOUT THIS PROPERTY

Victor CoticColliersMore Info
416-620-2892

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Victor CoticColliersMore Info
416-620-2892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.