For Lease · Land

277 ROCK CHAPEL Road, Hamilton

277 ROCK CHAPEL Road, Hamilton, ON L9H5E2

Price on request

—

Asset Class

Land

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

86%

About this property

Rare opportunity to lease versatile warehouse / agricultural-industrial space in prime Flamborough location near Hwy 5, Hwy 6 and Hwy 403. Approx. 12,000 Sq.Ft. available with 16.5 ft clear height, loading access, ample parking and flexible layout options. Ideal for warehouse, contractor shop, landscaping business, equipment storage, e-commerce fulfillment, indoor farming, mushroom cultivation, hydroponics, microgreens, food processing, cool storage, produce storage, RV/boat storage, sports training, studio space and other permitted uses. Three-phase power and rural setting provide excellent flexibility for a wide range of business operations. Additional outside land may be available. Competitive lease rate for large flexible space in Hamilton area. Rare multi-use opportunity with excellent accessibility to GTA and surrounding markets. Additional Details: 1. The barn’s existing structure allows tenants to modify or customize the interior based on their specific needs, at their own expense. 2. The lease is priced at $5.50 per square foot, per year and any other fees. Tenants will be responsible for all utility costs. 3.. Approximately 6–7 acres of workable land are available for lease at the rear of the barn. If desired, the land can be rented at a negotiable rate. 4. Application Requirements: Completed rental application, credit and financial verification, employment letter and recent pay stubs or proof of income, and references. Only qualified applicants will be considered. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

117,418

Households

55,827

Median income

$131,500

Median age

38.1

Daytime population

131,338

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 277 ROCK CHAPEL Road, Hamilton.

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.