For Lease · Office

106 - 215 SANDERS STREET, North Grenville

106 - 215 SANDERS STREET, North Grenville, ON K0G1J0

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

87%

About this property

Office for Lease | 340 sq. ft. | 215 Sanders Street, Kemptville. Establish your business in this active, community-focused building in central Kemptville, with ample parking for clients and staff. This clean, L-shaped office offers 340 square feet of flexible workspace, with interior door access and no exterior windows. Painted approximately one year ago, the space presents a tidy, welcoming setting for a small business.The building brings together 19 commercial units over two floors and 21 residential units over three floors. With the Kemptville Senior Centre as its main anchor tenant, this location is particularly well suited to businesses offering services for seniors, as well as a variety of professional and administrative uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

84,875

Households

31,817

Median income

$133,000

Median age

38.9

Daytime population

90,546

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 106 - 215 SANDERS STREET, North Grenville.

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.