1/30UNIT 1 - 717950 HIGHWAY 6, Georgian Bluffs
UNIT 1 - 717950 HIGHWAY 6, Georgian Bluffs, ON N4K5N7
$9 per sq ft / yr
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Asset Class
Retail
Size
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Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
98%
Lot Size
1797 ac
About this property
Unit 1 is 1,797 square feet on two floors. Situated in a beautifully remodeled 4 unit commercial building on busy Highway 6 in Springmount just west of Owen Sound. Can be combined with Unit 2 for a total of 3,641 square feet. Each unit has 10'x 10' roll-up grade level door at back opening to bay area with 14' clear (16.5') to finished ceiling. All interiors finished. Each unit separately metered with gas furnace and a/c. TMI estimated at $2.50 per square foot. Lease rate increases by $1 per square foot per year over 5 years. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
17.83%
DSCR
1.97
Going-in cap
10.89%
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
44,554
Households
17,381
Median income
$131,500
Median age
37.4
Daytime population
43,303
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for UNIT 1 - 717950 HIGHWAY 6, Georgian Bluffs.
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.