For Lease · Industrial

A - 431 CAMPBELL STREET, Sarnia

A - 431 CAMPBELL STREET, Sarnia, ON N7T2J1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

86%

Clear height

33 ft

Loading docks

4

About this property

WAREHOUSE SPACE FOR LEASE! EXCELLENT FREESTANDING BLOCK BUILDING LOCATED ON THE CORNER OF CAMPBELL ST. & PALMERSTON ST. S, SARNIA WITH HIGH EXPOSURE IN THE COMMERCIAL/ INDUSTRIAL DISTRICT. THIS SINGLE FLOOR INDUSTRIAL BUILDING WITH 929 SQ FT. IS SUITABLE FOR AN OWNER/OPERATOR & MANY USES WITH LIGHT INDUSTRIAL (LI-1) ZONING. FEATURES INCLUDE: 2 OVERHEAD DOORS (9' WIDE X 8' HIGH) & (9' WIDE X 7' HIGH) WORKSHOPS, WITH A FENCED COMPOUND FOR A SECURITY & LAY DOWN AREA FOR EQUIPMENT & STORAGE. PRICE PER MONTH: $1,750.00 + $180.00 TMI + UTILITIES, GRASS CUTTING & SNOW REMOVAL. 3-5 YEAR MIN LEASE TERM. PERFECT SET UP TO WORK ON ADDITIONAL PROJECTS & SPACE TO STORE ALL YOUR BUSINESS NEEDS! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

131,350

Households

52,878

Median income

$79,500

Median age

45.1

Daytime population

122,312

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for A - 431 CAMPBELL STREET, Sarnia.

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.