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$1.7M total
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Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
95%
Clear height
34 ft
Loading docks
3
Outstanding opportunity to acquire a commercial unit offering approximately 5,600 sq. ft. of versatile space in a highly visible location with exceptional exposure to the Hanlon Expressway. Approximately 10 years old, the property features a modern, professionally finished interior with an excellent combination of office and warehouse space.The approximately 4,000 sq. ft. main level is currently tenant-occupied and includes approximately 1,600 sq. ft. of finished office space plus approximately 2,300 sq. ft. of warehouse space. The warehouse features an impressive 24-ft height to deck, a large 12' x 16' drive-in door, providing excellent functionality for a variety of commercial operations.The additional 1,600 sq. ft. second-floor office area is modern, bright and professionally finished, and is available for an owner-occupant or additional leasing opportunity. A rare opportunity combining outstanding Hanlon Expressway exposure, modern office space, functional high-clearance warehouse facilities and existing tenancy. Ideal for an owner-user looking to operate their business while benefiting from rental income, or an investor seeking a versatile commercial asset. (id:66811)
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Monthly debt service
$8K
Projected NOI
$95K
Annual cash flow
$1K
Cash-on-cash
0.23%
DSCR
1.01
Going-in cap
5.61%
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.
Trade area within 3 miles of the property.
Population
57,900
Households
24,698
Median income
$79,500
Median age
40.6
Daytime population
88,694
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3 - 275 HANLON CREEK BOULEVARD, Guelph (Kortright Hills).
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.