For Sale · Industrial

75 INDUSTRIAL ROAD, New Tecumseth (Tottenham)

75 INDUSTRIAL ROAD, New Tecumseth (Tottenham), ON L0G1W0

$3.9M total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

92%

Lot Size

3.2 ac

Clear height

31 ft

Loading docks

2

About this property

Rare opportunity to acquire a substantially modernized commercial/industrial property with approximately $1 million invested in capital improvements over the past two years. The extensive investment includes a new approximately 4,000 sq. ft. two-storey building addition, major mechanical and electrical upgrades, comprehensive interior renovations, enhanced security and technology infrastructure, and significant site improvements. The newly constructed addition features a dedicated 6-ton HVAC system, separate electrical transformer and modernized building services. The existing facility has been extensively upgraded with new staff amenities and washrooms, including a universal/accessibility washroom, 2.5-ton HVAC for the mezzanine office and 12.5-ton HVAC serving the warehouse. Professionally ground and levelled floors, new LED lighting throughout and roof sealing/spray treatment further enhance the building. Additional improvements include eight new 3-piece washrooms, two with heated flooring, full building networking, operational Starlink internet, DVR security and surveillance, cellular communication infrastructure, a fully paved lot, secure gated perimeter and completed landscaping. Adding further value, an approved building permit for approximately 2,000 sq. ft. of additional warehouse expansion provides future growth potential. This impressive combination of new construction, upgraded infrastructure, modern amenities, enhanced security and substantial recent capital investment offers a turnkey environment designed to support sophisticated commercial and industrial operations. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.85M
Down payment30% · $1.16M
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$221K

Annual cash flow

$8K

Cash-on-cash

0.70%

DSCR

1.04

Going-in cap

5.75%

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

118,882

Households

41,005

Median income

$135,000

Median age

38.8

Daytime population

149,910

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 75 INDUSTRIAL ROAD, New Tecumseth (Tottenham).

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.