For Sale · Industrial

10 KERR CRESCENT, Puslinch

10 KERR CRESCENT, Puslinch, ON N0B2J0

$8.8M total

6,550 SF

Asset Class

Industrial

Size

6,550 SF

Building class

C

Zoning

IM — Medium Industrial

$ / SF

$1336

Occupancy

87%

Lot Size

3.2 ac

Clear height

26 ft

Loading docks

13

About this property

Ideal location just north of Hwy 401 and Brock Rd interchange. Great opportunity for Trucking/ Service facility. Offices updated in 2021, By utilizing second level mezzanine It may be possible to double office sq ft. Perimeter chain link fencing and gate, site lighting, mostly level gravel lot, 200A 600V service, LED Lighting , 10,000 gallon reservoir for fire suppression, Phase 1 Environmental Site Assessment Dated July 2023 available, Open area of building is currently being utilized by the Seller for warehousing All photos , floor plans, measurement , virtual tours are from interactive I-Guide attached (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.75M
Down payment30% · $2.63M
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$40K

Projected NOI

$385K

Annual cash flow

$-100K

Cash-on-cash

-3.82%

DSCR

0.79

Going-in cap

4.40%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters5,699 SF2032-07

Area demographics

Trade area within 3 miles of the property.

Population

105,042

Households

49,643

Median income

$101,500

Median age

33.1

Daytime population

109,964

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 10 KERR CRESCENT, Puslinch.

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.