1/321506 6TH CONCESSION Road W Unit# Shop, Hamilton
1506 6TH CONCESSION Road W Unit# Shop, Hamilton, ON L0R1V0
Price on request
3,838 SF
Asset Class
Specialty
Size
3,838 SF
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
97%
About this property
Excellent leasing opportunity offering approximately 3,800 sq. ft. of shop space complete with a large office area. A2 zoning allows for a diverse range of permitted uses**, making this property suitable for a variety of business operations. **Utilities and maintenance are included in the lease.** Additional yard space and storage are also available at an additional cost, providing flexibility to suit your business needs. A great opportunity for businesses looking for versatile shop, office, and outdoor space. (id:66811)
Financial sandbox
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Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$2K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 2,519 SF | 2032-01 |
| Meridian Health Group | 1,204 SF | 2032-01 |
Area demographics
Trade area within 3 miles of the property.
Population
41,956
Households
17,813
Median income
$82,000
Median age
43.3
Daytime population
63,648
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1506 6TH CONCESSION Road W Unit# Shop, Hamilton.
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.