Business For Sale · Industrial

525 BOUNDARY ROAD, Cornwall

525 BOUNDARY ROAD, Cornwall, ON K6H6K8

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

90%

Lot Size

11.12 ac

Clear height

26 ft

Loading docks

9

About this property

There is approximately 60,000 sq ft of ware house space available at 525 Boundary Rd. There are some 6 overhead doors in total available for use. Ceiling heights vary r=to a max of 32 ft. The asking Rent is $9.50 psf per annum on a carefree net to the landlord basis. The Tenant will have a proportionate share of available parking. The building is fully sprinklered and a min of 200 amp of power is available. 525 Boundary Rd. is ideally situated on Boundary Rd. with easy access to Hwy 401 and the Cornwall CN team rail yard. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

128,604

Households

44,998

Median income

$75,000

Median age

37.8

Daytime population

155,156

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 525 BOUNDARY ROAD, Cornwall.

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.