For Lease · Retail

3 - 331 BAYFIELD STREET, Barrie (Bayfield)

3 - 331 BAYFIELD STREET, Barrie (Bayfield), ON L4M3C2

$35 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

About this property

2000 sf retail/office space for lease. Was Quesada. High exposure. Building located on busy Bayfield St, close to Hwy 400 and on bus route. Excellent signage, with building and pylon available for Lease. Quality tenants like Baskin Robbins, Subway, etc. Ample parking at front and rear of building. $35.00/sf/yr & $15.25/sf/yr plus HST. Tenant pays utilities. Existing equipment in unit is owned by current tenant and available for purchase at negotiable price. (id:66811)

Financial sandbox

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Estimate
Purchase price$35
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-0.52%

DSCR

0.97

Going-in cap

5.39%

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

81,880

Households

32,584

Median income

$105,500

Median age

44

Daytime population

127,351

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 3 - 331 BAYFIELD STREET, Barrie (Bayfield).

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.