For Sale · Retail

113 - 22 FRONT STREET, Quinte West (Trenton Ward)

113 - 22 FRONT STREET, Quinte West (Trenton Ward), ON K8V3P1

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

85%

About this property

1400 Sq. Ft. retail unit in downtown Trenton on busy Front Street. Potential for quick service food use. Main entrance off of Front St and another allows access to the Trent Port Mall. Tenant pays hydro. Monthly common costs currently estimated at $6/SF ($700) are in addition to the asking base rent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

52,043

Households

19,253

Median income

$126,500

Median age

37.1

Daytime population

55,244

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 113 - 22 FRONT STREET, Quinte West (Trenton Ward).

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.