For Lease · Retail

9 - 120 WELLAND AVENUE, St. Catharines (Downtown)

9 - 120 WELLAND AVENUE, St. Catharines (Downtown), ON L2R2N3

$18 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

3220 sq. ft. retail unit available. Located in walking distance to Downtown St. Catharines, Anchored by Giant Tiger and The Beer Store. With ample on site parking and quick, easy access to the QEW & 406 Highways. TMI $8.5/sq ft.4762 sq. ft. retail unit available. Located in walking distance to Downtown St. Catharines, Anchored by Giant Tiger and The Beer Store. With ample on site parking and quick, easy access to the QEW & 406 Highways. TMI $9.06/sq ft. The tenant is flexible to rent 1000 sqft and 2700( $23 /sqft) sqft( 20/sqft). the owner will complete the seperation. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.92%

DSCR

0.84

Going-in cap

4.67%

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

138,990

Households

53,344

Median income

$90,000

Median age

43.5

Daytime population

132,027

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 9 - 120 WELLAND AVENUE, St. Catharines (Downtown).

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.