1/83 - 600 HUGEL AVENUE, Midland
3 - 600 HUGEL AVENUE, Midland, ON L4R1W4
Price on request
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Asset Class
Industrial
Size
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Building class
B
Zoning
IL — Light Industrial
$ / SF
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Occupancy
97%
Clear height
31 ft
Loading docks
13
About this property
Cheaper than many storage units with far more room, this heated and fully finished 505 sq ft unit gives your tools, equipment, and inventory a proper home. If your gear is split between the garage, driveway, and a cramped storage locker, this is a major upgrade: organize materials properly, stage what you need for the next job, and keep everything in one secure, heated place. A large insulated overhead door makes loading easy, and a monitored alarm system with 2 security cameras is included in the rent, with optional text alerts and police dispatch. Located beside a business hub that supports and trains local businesses. Storage only, no washroom or kitchen. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$2K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
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
132,538
Households
46,804
Median income
$122,000
Median age
37.2
Daytime population
184,330
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3 - 600 HUGEL AVENUE, Midland.
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.