















1/17369 6th AVENUE N, Yorkton, SK S3N3L2
Price on request
5,400 SF
Asset Class
Industrial
Size
5,400 SF
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
91%
Year Built
2016
Clear height
31 ft
Loading docks
4
Built in 2016 and vacant now, this 5,400 sq ft shop on Sixth Avenue North in Yorkton is ready for its next business. Lease the whole building, or just one side. A centre wall divides the building into two sides of about 2,700 sq ft each. Each side has its own 12' x 14' overhead door, glass front entry, office, washroom and on-demand hot water. A drive-through opening in the centre wall connects the two sides when you want the whole space. The shop is bright and clean, with floor drains, heavy floor loading and Reznor overhead heaters that keep heating costs down. The offices are air conditioned. Outside there is a fenced compound and on-site parking for 8. The neighbouring lot may also be available for storage, a laydown yard or fleet parking. Zoned M1-1 light industrial, the building suits contractors and trades, service and repair shops, equipment sales and rentals, warehousing and distribution, light manufacturing, and ag or oilfield service companies. The glass front entries also work well for a business with customers coming in. Tenants should confirm their use with the City of Yorkton. Net lease, plus occupancy costs of $5.32/sq ft (property taxes, building insurance and snow removal, adjusted to actual each year). The landlords are flexible on term length, and also open to a long-term lease of 7 or 10 years. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 2,924 SF | 2029-04 |
| Meridian Health Group | 1,187 SF | 2029-04 |
| Meridian Health Group | 803 SF | 2029-04 |
Trade area within 3 miles of the property.
Population
106,512
Households
49,302
Median income
$63,000
Median age
37.3
Daytime population
131,736
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 369 6th AVENUE N, Yorkton.
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.