For Lease · Industrial

155 DENNIS Road Unit# 3, St. Thomas

155 DENNIS Road Unit# 3, St. Thomas, ON N5P0B6

$12.5 per sq ft / yr

26,146 SF

Asset Class

Industrial

Size

26,146 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

$0

Occupancy

86%

Clear height

28 ft

Loading docks

7

About this property

Prestigious Industrial building in North St. Thomas with good Highway 401 access. Multiple leasing opportunities in this Multi-Tenant Building 17,379 - 43,525 sf available. Lots of onsite parking, flexible (EL) Employment Lands zoning. Detailed leasing package available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.46%

DSCR

1.24

Going-in cap

6.88%

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
Vector Robotics11,203 SF2029-09
Vector Robotics11,257 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

50,877

Households

19,309

Median income

$89,000

Median age

40.5

Daytime population

85,127

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 155 DENNIS Road Unit# 3, St. Thomas.

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.