A - 55 GEORGE STREET N, Peterborough (Town Ward 3)A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 2A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 3A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 4A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 5A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 6A - 55 GEORGE STREET N, Peterborough (Town Ward 3) — photo 7
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Business For Sale · Office

A - 55 GEORGE STREET N, Peterborough (Town Ward 3)

A - 55 GEORGE STREET N, Peterborough (Town Ward 3), ON K9J3G2

Price on request

7,500 SF

Asset Class

Office

Size

7,500 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

93%

About this property

PRIME CLINICAL/OFFICE/RETAIL Space - This building has potential for anywhere from 4,500 to 7,500 square feet of professional office or clinical space. This main level space is located at the busy corner of George Street and Perry Street in Downtown Peterborough. High traffic area with great visibility and lots of on site parking. Located in close proximity to Crary Park, Holiday Inn, Memorial Centre, YMCA, Miskin Community Centre. The Landlord will consider all options at this location including a build to suit agreement of anywhere from 4,500 to 7,500 square feet. **EXTRAS** Tenant is responsible for all utilities + $6.00 per square foot TMI. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design4,800 SF2033-02
Blue Harbour Design2,160 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

112,072

Households

44,488

Median income

$128,000

Median age

36

Daytime population

153,666

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for A - 55 GEORGE STREET N, Peterborough (Town Ward 3).

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.