For Lease · Retail

G - 1015 INNISFIL BEACH ROAD, Innisfil (Alcona)

G - 1015 INNISFIL BEACH ROAD, Innisfil (Alcona), ON L9S1T3

$29 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

93%

About this property

753 sf commercial/retail unit in high demand commercial area on the ground floor of The Alcona, Innisfil's new premier 101 suite rental apartment building. Great location, fronting directly onto high traffic Innisfil Beach Road in downtown Alcona. Ideal for convenience store, accounting office, retail, professional services, medical, coffee shop, no exhaust hood capabilities, take out, offices and more. Glass double door entrance with transom. Clear Height up to 12'8" to underside of deck. 14 designated Commercial use surface parking spaces at front of building, 9 parallel parking spaces on Innisfil Beach Road, plus another 9 spaces to the direct east and west of Innisfil Beach Road. Access from St. Paul Road and Edgar Street. Excellent proximity to Hwy 400, schools, library, beach, parks, trails and Lake Simcoe. Disability closers, plumbing, municipal water, energy efficient electric HVAC all roughed in. Tenant pays utilities. Units FG can possibly be connected via an opening or double doors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$29
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

1.82%

DSCR

1.10

Going-in cap

6.09%

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

47,535

Households

21,696

Median income

$66,000

Median age

40.1

Daytime population

63,966

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for G - 1015 INNISFIL BEACH ROAD, Innisfil (Alcona).

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.