For Lease · Office

136 PURDY ROAD, Cramahe

136 PURDY ROAD, Cramahe, ON K0K1S0

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

Lot Size

600 ac

About this property

Commercial space for lease at 136 Purdy Road, Colborne, just off Highway 401. The space features two full offices, a reception area, kitchen, washroom and storage. Property maintenance is included.MG-1 zoning permits a range of uses, including retail, services, warehousing, eating establishments, catering, laundromats and trades.Need room for vehicles or extra storage? Outside space can be negotiated as part of your lease. Some outside storage may be included, depending on your needs, with additional space and storage units available at an extra charge. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

137,946

Households

49,662

Median income

$108,000

Median age

33.7

Daytime population

162,948

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 136 PURDY ROAD, Cramahe.

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.