1/16130 DAVIS STREET, Sarnia
130 DAVIS STREET, Sarnia, ON N7T1A4
Price on request
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
82%
Year Built
1950
Clear height
33 ft
Loading docks
10
About this property
ATTRACTIVELY PRICED UNIT FOR LEASE IN THE CORNERSTONE BUILDING. LOCATED IN THE HEART OF SARNIA'S DOWNTOWN CULTURAL DISTRICT THIS PROPERTY HAS UNDERGONE EXTENSIVE UPGRADES. THE 1050 SQFT UNIT IS CONVENIENTLY LOCATED BESIDE THE PRIVATE PARKING LOT FOR THE PROPERTY. THE UNIT IS WIDE OPEN WITH HIGH CEILINGS AND 2 BATHROOMS. D1 ZONING ALLOWS FOR MANY USES INCLUDING PERSONAL SERVICES, RETAIL, OFFICE AND RESTAURANT. PLEASE CONTACT THE LISTING REALTORS TO SET UP A VIEWING FOR THE NEW LOCATION OF YOUR BUSINESS. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$66K
Annual cash flow
$-17K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
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
104,331
Households
42,601
Median income
$84,000
Median age
42.4
Daytime population
91,208
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 130 DAVIS STREET, Sarnia.
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.