For Lease · Industrial

7-8 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial)

7-8 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial), ON L6T4K8

$17.5 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

86%

Clear height

26 ft

Loading docks

2

About this property

This well-maintained industrial unit is situated within a multi-unit complex in an established industrial area. The space offer a functional layout ideal for a variety of industrial and warehouse uses. The unit features a convenient drive-in shipping door for efficient loading and receiving, along with a clean and protocol office area at the front-perfect for administrative operations or client-facing activities. Located in well-established industrial corridor with excellent access to major routes and surrounding amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.09%

DSCR

0.89

Going-in cap

4.91%

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

130,134

Households

55,549

Median income

$109,500

Median age

34.5

Daytime population

160,046

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 7-8 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial).

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.