Business For Sale · Industrial

UNIT 10 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park)

UNIT 10 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park), ON L4B1E3

$1.2M total

1,994 SF

Asset Class

Industrial

Size

1,994 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

$601

Occupancy

83%

Clear height

21 ft

Loading docks

10

About this property

Perfect Layout For Industrial Users In Any Industry. Industrial Condominium In Sought After Beaver Creek Business Park. Quality Office Build Out With Mix Of Private Offices & Open Space. Excellent Proximity To Public Transit And Amenities On Highway 7. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $359K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$61K

Annual cash flow

$-6K

Cash-on-cash

-1.63%

DSCR

0.91

Going-in cap

5.05%

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.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design787 SF2032-08
Blue Harbour Design416 SF2032-08
Blue Harbour Design460 SF2032-09

Area demographics

Trade area within 3 miles of the property.

Population

72,620

Households

28,541

Median income

$107,000

Median age

31.1

Daytime population

63,756

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for UNIT 10 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park).

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.