6 - 610 NEWBOLD STREET, London South (South Z)

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For Lease · Industrial

6 - 610 NEWBOLD STREET, London South (South Z)

6 - 610 NEWBOLD STREET, London South (South Z), ON N6E2T6

$9.6 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

93%

Lot Size

3591 ac

Clear height

25 ft

Loading docks

About this property

Positioned in South London with quick access to Highway 401, this versatile light industrial unit offers approximately 3,591 sq. ft. of functional space ideal for a variety of business operations. This property is zoned Light Industrial 1 (LI-1). Zoning permits a wide range of commercial and industrial uses, including manufacturing and assembly, warehousing, wholesale distribution, research and development, laboratories, pharmaceutical and medical products, printing and data processing, bakeries, business services, supporting offices, custom and artisan workshops, service trades, craft breweries, and more. Existing self-storage establishments are also permitted, subject to applicable zoning provisions. The unit features both a shared truck-level loading door and a raised grade-level drive-in door for efficient shipping and receiving. Approximately 60% of the space is configured as warehouse area, providing excellent flexibility for warehousing, distribution, light manufacturing, or service-based users. Convenient highway connectivity makes this an ideal location for businesses seeking accessibility and operational efficiency. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$10

Down payment30% · $3

Interest rate6.25%

Amortization25 years

Occupancy93%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

Cash-on-cash

13.82%

DSCR

1.75

Going-in cap

9.69%

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

80,329

Households

27,858

Median income

$81,000

Median age

43.2

Daytime population

100,972

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 6 - 610 NEWBOLD STREET, London South (South Z).

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.