Business For Sale · Industrial

1191 COUNTY RD 11, McGregor

1191 COUNTY RD 11, McGregor, ON N0R1J0

$8.0M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

84%

Clear height

32 ft

Loading docks

11

About this property

LARGE FENCED IN AND SECURE YARD WITH LOTS OF BUILDING AND OFFICE SPACE COMPLETE WITH SCALE ON ALMOST 14 ACRES! Repair your trucks and store machinery or cargo inside roughly 40 thousand square ft.2 of storage space with loading docks and large 16 foot high by 16 foot wide doors at grade level, Pull your tractor trailer with 53 foot trailer onto your own scale and weigh the load before you unload, then weigh your empty truck before you park it in the massive yard. This Massive Yard complete with buildings and scale is on Walker Road not too far from the 401 And the new Gordie Howe Bridge. Set up and ready to go! Buyer to Verify with Town of Essex to satisfy themselves with Allowances etc. Taking offers as they come. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.00M
Down payment30% · $2.40M
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$37K

Projected NOI

$409K

Annual cash flow

$-34K

Cash-on-cash

-1.43%

DSCR

0.92

Going-in cap

5.11%

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

128,983

Households

46,240

Median income

$80,000

Median age

38.7

Daytime population

202,845

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 1191 COUNTY RD 11, McGregor.

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.