For Lease · Industrial

3 - 23 CARDICO DRIVE, Whitchurch-Stouffville

3 - 23 CARDICO DRIVE, Whitchurch-Stouffville, ON L4A2G5

$15.25 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

94%

Lot Size

2300 ac

Clear height

23 ft

Loading docks

5

About this property

2300 SQFT Industrial Warehouse Unit In the Fast Growing Gormley Industrial Area. 20FT Clear Height. Existing Ventilation Ductwork. One Parking And One Garage Door Large Enough For Forklift. Built-in 2nd Floor Mezzanine And One Exclusive Washroom Included. EH Zoning Supports Many Use: Manufacture; Warehousing, Commercial Kitchen; Etc. Close To Hwy 404, Go Station, Richmond Hill, Stouffville. No Business Hour Restriction. (id:66811)

Financial sandbox

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Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.08%

DSCR

1.11

Going-in cap

6.16%

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

137,025

Households

49,620

Median income

$106,500

Median age

44.5

Daytime population

195,689

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 3 - 23 CARDICO DRIVE, Whitchurch-Stouffville.

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.