For Lease · Land

2000 DAVIS DRIVE W, King

2000 DAVIS DRIVE W, King, ON L3Y4V9

Price on request

10,000 SF

Asset Class

Land

Size

10,000 SF

Building class

C

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

96%

About this property

Rare on the Market for Lease in Super Location in King City on Davis Drive West ! Facility is Suitable for *AGRICULTURAL PRODUCE STORAGE FACILITIES; *ANIMAL CLINIC*,ANY TYPE OF GREENHOUSE, *NURSERY, *KENNEL*,HORTICULTURAL CROPS,RAISING OF LIVESTOCK,RAISING OF OTHER ANIMAL FOR FOOD,FUR,FIBRE,APARIES,AGRI-FORESTRY,MAPLE SYRUP PRODUCTION,LIVESTOCK FACILITIES,MANURE STORAGE,VALUE-RETAINING AGRICULTURAL USE,FARM MICRO-BREWERY,CIDERY OR WINE,FARM PRODUCE OUTLET.,HOME INDUSTRY,ON -FARM SHOP OR CAFE,STUDIO,VALUE-ADDED AGRICULTURAL USE. Property Comes with 600 Amps, 600 Volts, One Propane Tank,10 AC Units x 5 Tons,3 AC Units x20 Tons. 5 Growing Containers approximately 2400 SQ.FT. Which Total Area Could be Equipped with Power Heat and AC. Mezzanine Apr.2500 SQ.FT.(AS IS),Racks with 2 Levels (AS IS).Territory is Fully Fenced with Gates. Building Also Offers:7 Additional Rooms, Kitchen with Appliances, 3 Bathrooms (1x3),(2x2).Room for Washer/Dryer Next to Kitchen. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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
Northbridge Logistics6,588 SF2028-02
Northbridge Logistics2,992 SF2028-02

Area demographics

Trade area within 3 miles of the property.

Population

40,465

Households

17,735

Median income

$104,000

Median age

32

Daytime population

65,541

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 2000 DAVIS DRIVE W, King.

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.