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Price on request
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
92%
Flexible commercial leasing opportunity offering approximately 1,000 sq. ft. on the main floor plus exclusive access to approximately 800 sq. ft. of finished lower-level space included at no additional base rent. The proposed main-floor configuration can accommodate a reception or customer-facing area, while the lower level includes 2 washrooms and provides substantial additional space for ancillary storage, staff or business support use. The landlord will complete the required demising work and provide a separate exterior entrance, allowing the premises to operate independently from the adjoining space. The final division can be adjusted according to tenant requirements, with additional adjoining main-floor retail space available for businesses requiring up to approximately 3,000 sq. ft. Convenient on-site plaza parking is available for customers and staff. Directly across from the Allandale Transit Terminal and minutes from the Allandale Waterfront GO Station, downtown Barrie, the waterfront and Highway 400. An attractive option for retail, wellness, personal service, medical or other service-commercial businesses seeking a manageable main-floor footprint with substantial additional lower-level space, subject to zoning and applicable approvals. (id:66811)
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Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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.
Trade area within 3 miles of the property.
Population
105,668
Households
37,876
Median income
$95,500
Median age
33.6
Daytime population
175,060
5-yr growth
6.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1B - 21 ESSA ROAD, Barrie (Allandale Centre).
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.