For Sale · Industrial

850 EDUCATION ROAD, Cornwall

850 EDUCATION ROAD, Cornwall, ON K6H6B8

$4.3M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

95%

Lot Size

8.56 ac

Clear height

29 ft

Loading docks

5

About this property

22670 sq ft modern Industrial/transportation maintenance and repair facility with eleven 12'x16' overhead doors (4 doors are drive through, 1 door is trailer wash bay and 6 service doors) Overall there are 5,382 sq ft of office, with 2 washrooms a kitchen reception area private office driver s room. Approximately 12,800 sq ft of service area with parts room and a 4,485 sq ft wash bay. The hydro service is 500 amp @ 600 volts overhead drive in doors. The building is sitting on 8.5 acres of prime land close to Hwy 401. The site is fully serviced. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.30M
Down payment30% · $1.29M
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$20K

Projected NOI

$272K

Annual cash flow

$33K

Cash-on-cash

2.58%

DSCR

1.14

Going-in cap

6.32%

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

60,792

Households

22,404

Median income

$82,000

Median age

40.9

Daytime population

74,420

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 850 EDUCATION ROAD, Cornwall.

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.