1/231119 DUFFERIN AVENUE Unit# UNIT 2, Wallaceburg
1119 DUFFERIN AVENUE Unit# UNIT 2, Wallaceburg, ON N8A2W2
Price on request
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Asset Class
Industrial
Size
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Building class
A
Zoning
IL — Light Industrial
$ / SF
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Occupancy
100%
Year Built
2023
Clear height
27 ft
Loading docks
5
About this property
IDEAL DRIVE THROUGH LOCATION AVAILABLE FOR LEASE. RECENTLY BIULT THIS 1200 SQFT UNIT IS ADJACENT TO A SHELL GAS STATION ON DUFFERIN AVE IN WALLACEBURG. TAKE ADVANTAGE OF THE GREAT EXPOSURE AND THE READY BUILT FACILITY. NO NEED TO WAIT FOR MUNICIPAL APPROVALS FOR THIS DRIVETHROUGH AS IT IS APPROVED AND OPERATIONAL. BRANDS CURRENTLY OPERATING IN PROXIMITY TO THIS LOCATION INCLUDE TACO BELL,HARVEYS, BURGER KING, DOMINOES, TIM HORTONS AND MACDONALDS. CURRENT EQUIPMENT ONSITE CAN BE NEGOTIATED. CAMT ESTIMATED AT $9.38/SQFT. LEASE RATE IS PLUS HST AND UTILITIES. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$89K
Annual cash flow
$6K
Cash-on-cash
1.31%
DSCR
1.07
Going-in cap
5.94%
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
86,464
Households
36,061
Median income
$99,000
Median age
44.3
Daytime population
113,367
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1119 DUFFERIN AVENUE Unit# UNIT 2, Wallaceburg.
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.