1/6LOT 10 - 191 POWER DRIVE, Welland (Hwy 406/Welland)
LOT 10 - 191 POWER DRIVE, Welland (Hwy 406/Welland), ON L3B0A1
$2.8M total
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
86%
Lot Size
3.52 ac
Clear height
32 ft
Loading docks
7
About this property
Prime Development Land 3.52 Acres. Rare, Fully Serviced Land. Part Of Wellands Premier Industrial Business Park. Ideal For Large Corporate Operations/Manufacturing & HQ. Site Anchored By Shopping And Beside A New Hotel Development. Surrounded By 1000'S Of New Homes. Rapid Access To Hwy 406, QEW & USA. 5 Km To New Plant. GEC Development Incentives Available. Several Lots Already Under Development, Few Developed Already Including A New Hotel. Zoned For Industrial Development, Warehousing, Related Mixed Use Plazas, Including: Banks, Professional & Medical Offices, Distribution & Storage. Located In The Niagara Gateway Zone With Development Incentives & Co-Operative Local Government. Development Has Hwy 406 Exposure. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$13K
Projected NOI
$155K
Annual cash flow
$-271
Cash-on-cash
-0.03%
DSCR
1.00
Going-in cap
5.53%
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
132,629
Households
54,280
Median income
$86,500
Median age
42.3
Daytime population
215,054
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOT 10 - 191 POWER DRIVE, Welland (Hwy 406/Welland).
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.