For Lease · Industrial

6/7R - 1380 HOPKINS STREET, Whitby (Whitby Industrial)

6/7R - 1380 HOPKINS STREET, Whitby (Whitby Industrial), ON L1N2C3

$12 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

87%

Clear height

21 ft

Loading docks

4

About this property

Ideally Located In Whitby's Most Desirable Central Industrial Parks.This 5,013 Sq. Ft. Industrial Unit The Space Features A Predominantly Clear-Span Warehouse With One Ramped Drive-In Door And One Dock-Level Shipping Door, Providing Flexible Shipping And Receiving Capabilities. The Unit Also Includes A Boardroom/Reception Area, Kitchen, Laundry Area And Two 2-Piece Washrooms. M1A Industrial Zoning Permits A Variety Of Industrial And Commercial Uses (See Attached Zoning By-Law For Permitted Uses). Excellent Opportunity For Businesses Seeking Functional Industrial Space In A Well-Located Complex With Limited Availability. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$12
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

5.70%

DSCR

1.31

Going-in cap

7.25%

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

88,129

Households

37,358

Median income

$108,500

Median age

45.8

Daytime population

103,521

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 6/7R - 1380 HOPKINS STREET, Whitby (Whitby Industrial).

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.