For Lease · Retail

675 ADELAIDE STREET N, London East (East F)

675 ADELAIDE STREET N, London East (East F), ON N5Y2L4

$20 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

About this property

1500 square foot retail unit available . Near Downtown London on a main thoroughfare north south. Currently set up as offices, but could be changed to retail. Busy street, approx 22 000 cars daily traffic count, easy access, corridor to the north and south of London. Surrounded by residential and businesses. Zoning is Ac4 allows many different uses. Other business include grocery store and optometrist office 1500 square feet on the main floor . Could be combined with another 1000 square foot space on the main floor with a second floor unit that offers 3500 square foot extra. Call now for details and tour. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.97%

DSCR

0.89

Going-in cap

4.95%

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

137,042

Households

53,779

Median income

$84,500

Median age

41.1

Daytime population

125,913

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 675 ADELAIDE STREET N, London East (East F).

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.