For Lease · Retail

A - 478 ALBERT STREET, Waterloo

A - 478 ALBERT STREET, Waterloo, ON N2L3V4

$22 per sq ft / yr

1,964 SF

Asset Class

Retail

Size

1,964 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$0

Occupancy

98%

About this property

Premium retail space available in well-populated area with great frontage and directly beside one of the anchor stores. This unit is 1964 sq ft and has limitless possibilities! Beauty spa, Tutoring, Pet store, Yoga studio - so many options! Prime location in Waterloo close to both Universities, Tech Parks and Business Parks, on a major bus route and in an area seeing future development, offering you the best visibility! With a large parking lot suitable for all clients and guests, and great signage, the Parkdale Plaza really is the best home for your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.62%

DSCR

0.80

Going-in cap

4.45%

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
Lakeview Physiotherapy1,235 SF2032-05
Lakeview Physiotherapy439 SF2032-05
Lakeview Physiotherapy400 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

121,865

Households

46,781

Median income

$137,000

Median age

37.1

Daytime population

162,506

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for A - 478 ALBERT STREET, Waterloo.

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.