Business For Sale · Industrial

937 AIRPORT ROAD, Cavan Monaghan (Cavan-Monaghan)

937 AIRPORT ROAD, Cavan Monaghan (Cavan-Monaghan), ON K9J6X7

$2M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

97%

Lot Size

20 ac

Clear height

19 ft

Loading docks

1

About this property

20 Acres Vacant Industrial Land Zoned M2 & NC. Designated As Rural Employment Area. Located At HWY #115 And Airport Road Interchange At The South End Of Peterborough. Property Fronts On Both Airport Road And Mervin Line. Frontage Of 1,357 Ft. On Airport Road. Frontage Of 1,318.46 Ft. On Mervin Line. IDEAL CORNER SITE Across From Peterborough Airport. Road In To Building Site. 20 Acres Vacant Industrial Land. Zoning Allows For A Variety Of Permitted Uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$95K

Annual cash flow

$-15K

Cash-on-cash

-2.56%

DSCR

0.86

Going-in cap

4.77%

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

128,015

Households

54,876

Median income

$89,000

Median age

42.3

Daytime population

167,607

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 937 AIRPORT ROAD, Cavan Monaghan (Cavan-Monaghan).

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.