1/21103 - 685 RIDDELL ROAD, Orangeville
103 - 685 RIDDELL ROAD, Orangeville, ON L9W4Z5
Price on request
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Asset Class
Office
Size
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Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
82%
About this property
Modern, clean and professional office space for lease! Located on Riddell Road in Orangeville, just 5 minutes from highway 10 and highway 9. Orangeville's west corridor-business is booming over here, such a convenient location! This boutique complex has only 6 units. Unit #3 offers a classy, sophisticated feel throughout the 1,377 sq ft of office space. Offering a functional and professional layout-check out the floor plan in the photos! It offers a spacious reception area, private boardroom, private office, printer/photocopy area and three cubicles. There is also a kitchenette, an accessible washroom and large storage room. Just move in and show off your new, beautiful office space! The five other offices in this beautiful boutique strip of offices are fully leased to other professional businesses. Road side signage available right on Riddell Road. $2,240/month plus Taxes Maintenance and Insurance: $876/month= Rent is: $3,113 per month plus utilities. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$66K
Annual cash flow
$-17K
Cash-on-cash
-3.83%
DSCR
0.79
Going-in cap
4.39%
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
43,729
Households
16,582
Median income
$105,000
Median age
45
Daytime population
68,170
5-yr growth
5.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 103 - 685 RIDDELL ROAD, Orangeville.
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.