For Lease · Retail

25 DENNIS Road Unit# 2&3, St. Thomas

25 DENNIS Road Unit# 2&3, St. Thomas, ON N5P0B6

$14 per sq ft / yr

17,705 SF

Asset Class

Retail

Size

17,705 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$0

Occupancy

95%

About this property

Prestigious Industrial/Retail/Office building in North St. Thomas. Multiple leasing opportunities in this Multi-Tenant Building 5,902 – 17,705 sf available. Lots of onsite parking, flexible (BEL) Business Employment Lands zoning. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.15%

DSCR

1.22

Going-in cap

6.79%

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 Design7,222 SF2030-10
Blue Harbour Design4,119 SF2030-10
Blue Harbour Design5,550 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

64,548

Households

29,700

Median income

$74,500

Median age

41.8

Daytime population

93,041

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 25 DENNIS Road Unit# 2&3, St. Thomas.

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.