For Lease · Office

UPPER - 373 VIDAL STREET S, Sarnia

UPPER - 373 VIDAL STREET S, Sarnia, ON N7T2V3

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

99%

Lot Size

16000 ac

About this property

FOR LEASE! COMMERCIAL UPPER FLOOR MULTIPLE OFFICE SPACES SET UP PERFECTLY IN VARIOUS FLOOR PLANS TO SUIT A VAST MAJORITY OF COMPANIES NEEDING: COMMERCIAL, OFFICE, RETAIL & INDUSTRIAL NEEDS FOR YOUR BUSINESS. LOCATED RIGHT IN THE HEART OF THE CHEMICAL VALLEY. SPACES FROM 500 SQ FT AND UP. DIFFERENT LEASE PRICES AVAILABLE DEPENDING ON SQUARE FOOTAGE REQUIRED. MONTHLY RENT INCLUDES $100.00 CAP ON UTILITIES PER MONTH, ADDITIONAL USAGE WILL BE BILLED MONTHLY, TMI IS INCLUDED. AN ECONOMICAL WAY TO FEATURE YOUR BUSINESS WITH A PROFESSIONAL PRESENCE IN THE INDUSTRIAL SECTOR OF SARNIA AT AN ECONOMICAL RATE. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

127,534

Households

53,348

Median income

$97,000

Median age

32.2

Daytime population

201,454

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for UPPER - 373 VIDAL STREET S, Sarnia.

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.