For Sale · Industrial

00 INDIAN CREEK ROAD, Chatham

00 INDIAN CREEK ROAD, Chatham, ON N7M0P6

$479,900 total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Clear height

23 ft

Loading docks

2

About this property

THE PERFECT LOT TO BUILD YOR BUSINESS IN A NEW DEVELOPMENT CURRENTLY GROWING ON THE SOUTH WEST SIDE OF CHATHAM . THIS LOT IS 0.821 OF AN ACRE ZONED UC(NC) BEING NEIGHBORHOOD COMMERCIAL AT THE SOUTH WEST CORNER OF INDIAN CREEK AND KEIL DRIVE. NEW SUPER SCHOOL CLOSE BY AND PUBLIC SCHOOL 2 BLOCKS DOWN THE ROAD AND A HIGH SCHOOL 5 BLOCKS DOWN ON INDIAN CREEK. COULD BE A GREAT LOCATION FOR VARIETY STORE PLUS PIZZA SHOP. CALL TODAY FOR MORE INFO. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$480K
Down payment30% · $144K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$510

Cash-on-cash

0.35%

DSCR

1.02

Going-in cap

5.65%

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

90,378

Households

42,546

Median income

$80,000

Median age

40.8

Daytime population

139,120

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 00 INDIAN CREEK ROAD, Chatham.

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.