
1/2600 CAMPBELL STREET, Cornwall, ON K6H6C9
Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
87%
Lot Size
11.3 ac
Clear height
32 ft
Loading docks
9
The space consists of approximately 6, 322 sq ft of main floor fully airconditioned offices and 1,532 sq ft of offices on the second floor. In total there are 5 sets of washrooms in the space. Currently the area is occupied by one tenant, but the main floor can easily be split into two separate offices, suites 100 and 101. Each main floor suite has its own private washrooms for both female and male. The area is very open with plenty of natural light with a good mix of open areas and private office space. The second floor space is equally impressive with a large open area and two executive offices. The Rent is an affordable $18.00 per sq ft per annum gross to the Tenant. Annually the rent will increase by 2% per annum to off set increases in operating costs. Operating Costs are currently estimated to be +/-$6.00 per sq ft/ annum There is plenty of parking for both staff and customers just outside of the main doors. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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.
Trade area within 3 miles of the property.
Population
128,267
Households
47,053
Median income
$73,000
Median age
44
Daytime population
180,488
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 600 CAMPBELL STREET, Cornwall.
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.