For Sale · Industrial

1475 COUNTY RD 34, Kingsville

1475 COUNTY RD 34, Kingsville, ON N0P2G0

$36.0M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

95%

Clear height

32 ft

Loading docks

9

About this property

Turn-key 30 acre commercial greenhouse facility for sale equipped with corporate offices and a 2 acre cooler featuring 20 loading docks. This opportunity is ideal for a current industry player or institutional buyer looking to transition into a thriving industry to take over a 4th generation commercial greenhouse enterprise specializing in the production, marketing and shipping of gourmet produce throughout North America. The property is fully secured, fenced complex. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$36.00M
Down payment30% · $10.80M
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$166K

Projected NOI

$1.89M

Annual cash flow

$-109K

Cash-on-cash

-1.01%

DSCR

0.95

Going-in cap

5.24%

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

60,751

Households

21,495

Median income

$128,000

Median age

35.4

Daytime population

68,652

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 1475 COUNTY RD 34, Kingsville.

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.