For Lease · Land

54 SIEMENS DRIVE, Chatham-Kent (Chatham)

54 SIEMENS DRIVE, Chatham-Kent (Chatham), ON N7M6M5

Price on request

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

92%

Lot Size

2 ac

About this property

Now offering for lease a generously sized 2-acre surplus land parcel adjacent to a fully equipped industrial building, ideally suited for tractor-trailer parking, outdoor storage, orequipment staging. This newly graded and surfaced land provides easy access from Highway 401within just 10 minutes, located close to Downtown Chatham and nearby amenities. The site offersexcellent visibility and convenient ingress and egress for large commercial vehicles, making itan ideal logistics or transportation support space. Whether you require ample room for fleetparking, container storage, or overflow operations, this versatile land parcel offers a rareopportunity in a growing industrial area. Lease terms are flexible to accommodate short- orlong-term needs. Don't miss the chance to secure this prime industrial land space designed tosupport your operational efficiency and expansion goals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

101,611

Households

48,289

Median income

$125,000

Median age

35.5

Daytime population

136,358

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 54 SIEMENS DRIVE, Chatham-Kent (Chatham).

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.