For Lease · Industrial

35 CHERRY BLOSSOM Road Unit# 2B, Cambridge

35 CHERRY BLOSSOM Road Unit# 2B, Cambridge, ON N3H4R7

$13.5 per sq ft / yr

910 SF

Asset Class

Industrial

Size

910 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

97%

Clear height

35 ft

Loading docks

6

About this property

Located in the Cambridge Business Park, this 910 sq. ft. lower-level industrial unit offers a practical and affordable option for small businesses looking for functional space with direct drive-in access. The unit features a 9' x 8' drive-in door, an in-suite washroom and convenient access to Highway 401 as well as Highways 7, 8 and 24, providing strong connectivity throughout Cambridge, Kitchener-Waterloo and the broader GTA/Golden Horseshoe. The property is zoned M3, allowing for a broad range of employment and industrial uses, including general industrial, contractor and service-related uses, storage, catering and certain automotive-related uses, subject to municipal zoning and approvals. A good fit for users who do not require traditional high-clear warehouse space but do need secure industrial/flex space with vehicle access. Suitable uses may include detailing, light assembly, contractor operations, storage, workshop or service-oriented businesses. No automotive oil changes or similar uses. Well positioned within an established industrial area and surrounded by complementary employment uses. An efficient, economical option for smaller operators seeking Cambridge industrial space without paying for more square footage than they need. (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

5.48%

DSCR

1.30

Going-in cap

7.19%

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
Lakeview Physiotherapy881 SF2034-02

Area demographics

Trade area within 3 miles of the property.

Population

145,737

Households

55,371

Median income

$133,500

Median age

36.5

Daytime population

188,907

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 35 CHERRY BLOSSOM Road Unit# 2B, Cambridge.

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.