





1/7138 CROMWELL STREET, Sarnia, ON N7T3X3
Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
94%
Clear height
32 ft
Loading docks
6
EXCELLENT RESTAURANT, RETAIL OR OFFICE SPACE IN AN UPSCALE, DOWNTOWN BUILDING. APPROX 1000 SQ FT PLUS BASEMENT. THE BUILDING IS COMPLETELY REDONE WITH WINDOWS, FLOORING & BATHROOM. PRESENTLY OCCUPIED BY A RESTAURANT, EXHAUST HOOD INCLUDED. FULL BASEMENT AVAILABLE FOR STORAGE AREA. LEASE PRICE IS PER MONTH PLUS UTILITIES & COMMON AREA COSTS ($450.00 PER MONTH )PLUS HST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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.
Trade area within 3 miles of the property.
Population
98,204
Households
35,328
Median income
$87,000
Median age
44.4
Daytime population
144,496
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 138 CROMWELL STREET, Sarnia.
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.