Business For Sale · Industrial

UNIT B - 800 NORAH CRESCENT E, Thunder Bay (Inner-City Industrial)

UNIT B - 800 NORAH CRESCENT E, Thunder Bay (Inner-City Industrial), ON P7C4T8

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

88%

Lot Size

8200 ac

Clear height

28 ft

Loading docks

4

About this property

*PERFECT EXCELLENT LOCATION*- In The Heart of Thunder Bay***> 8200 sf of Wide Open 14 ft Ceilings with Huge Drive in Bay in the Center of Thunder Bay. Fully fenced 60x100 Secured Yard + 14' ceilings, 10' Huge Overhead Doors - 2 bthrms -> L1 Light Industrial Zoning* Tenant responsible for their own utilities, hydro, water, heat & taxes, Available June 1, *Super Easy to View* CALL ANYTIME *24/7* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

79,740

Households

30,706

Median income

$70,500

Median age

36.9

Daytime population

92,190

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for UNIT B - 800 NORAH CRESCENT E, Thunder Bay (Inner-City Industrial).

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.