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For Lease · Office

22 CLAPPERTON STREET, Barrie (City Centre)

22 CLAPPERTON STREET, Barrie (City Centre), ON L4M1G4

$19 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

96%

About this property

Rare opportunity to lease a prominent professional office building in the heart of downtown Barrie. Offering 6,306 SF of bright above-grade office space across two levels plus an additional 1,470 SF of functional basement storage, this well-maintained property is ideal for professional, medical, administrative, or commercial users seeking a high-exposure downtown presence.Built in 1971 and zoned C1-2, the property benefits from exceptional visibility, strong pedestrian and vehicle traffic, excellent accessibility, nearby municipal parking, and close proximity to downtown amenities, transit, and the waterfront.The flexible layout provides opportunities for single-tenant occupancy or potential multi-user configurations. A rare chance to establish your business in one of Barrie's most desirable and rapidly evolving commercial corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.63%

DSCR

0.91

Going-in cap

5.05%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

105,784

Households

40,253

Median income

$129,500

Median age

33.5

Daytime population

135,124

5-yr growth

5.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 22 CLAPPERTON STREET, Barrie (City Centre).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.