1/2238-44 CHATHAM STREET East, Windsor
38-44 CHATHAM STREET East, Windsor, ON N9A2W1
$10.95 per sq ft / yr
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Asset Class
Industrial
Size
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Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
88%
Year Built
1950
Clear height
23 ft
Loading docks
7
About this property
RECENTLY RENOVATED COMMERCIAL BUILDING AVAILABLE IMMEDIATELY IN DOWNTOWN WINDSOR. STRATEGICALLY POSITIONED BESIDE A LARGE MUNICPAL PARKING STRUCTURE AND NEAR WINDSOR POLICE HEADQUARTERS, CAESARS WINDSOR, AREA COURTHOUSES, MAJOR FINANCIAL INSTITUTUIONS, GOVERNMENT SERVICES, AND CITY OF WINDSOR MUNIIPAL OFFICES, INCLUDING THE PLANNING AND BUILDING DEPARTMENTS. THE STELLANTIS NORTH AMERICAN HEADQUARTERS, RESTAURANTS AND OTHER DOWNTOWN AMENITIES ARE ALSO NEARBY. THE PROPERTY OFFERS APPROX 10,00 SQFT ABOVE GRADE OVER 2 FLOORS, PLUS AN ADDITIONAL 5,000 SQFT OF LOWER-LEVEL SPACE. A NEW ELEVATOR AND STAIRWELL PROVIDE ACCESS TO EVERY LEVEL. ORIGINALLY DESIGNED AS A MEDICAL OFFICE COMPLEX, THE ADAPTABLE LAYOUT AND ZONING MAY ACCOMMODATE A WIDE VARIETY OF PROFESSIONAL, LEGAL, INSTITUTIONAL, EDUCATIONAL, HEALTH-RELATED AND COMMERCIAL USES. EXTENSIVE RENOVATIONS, ACCESSIBILITY & CONVENIENT PARKING DISTINGUISH THIS PROPERTY WITHIN THE DOWNTOWN LEASING MARKET. POTENTIAL RENT FREE INCENTIVES. CALL LBO (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
8.32%
DSCR
1.45
Going-in cap
8.04%
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
142,643
Households
54,929
Median income
$70,500
Median age
40.3
Daytime population
178,586
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 38-44 CHATHAM STREET East, Windsor.
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.