Business For Sale · Industrial

A,B,C,1,2,3 - 25 LORENA STREET, Barrie (400 North)

A,B,C,1,2,3 - 25 LORENA STREET, Barrie (400 North), ON L4N3H5

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

93%

Lot Size

5 ac

Clear height

31 ft

Loading docks

13

About this property

Available Space: Areas 1, 2 & 3 - 46,977.58 SF, divisible: Area 1 - 10,451.36 SF @ 18' clear. Areas 2 & 3 - 36,526.22 SF @ 24' clear. Areas A, B & C - 24,169.06 SF, divisible:Areas A + B - 16,739.66 SF @ 24' clearArea A - 8,403.75 SFArea B - 8,335.91 SF. Areas A and B must be leased together. Area C - 7,429.40 SF @ 12'-13' clear. Property Features:GI - General Industrial zoning; Broad range of industrial, manufacturing, warehousing, processing and distribution uses.1 truck-level shipping door - 16'x12', 3 drive-in doors, 7 dock level doors. Municipal water and sanitary sewer. 347/600V electrical service. Fibre-optic infrastructure in building. Hot-water tank is a rental. Lease Terms:Net Rent: $8.95 PSF, TMI: $4.00 PSF (2026).Annual net-rent escalation: $0.75 PSF/year. Minimum term: 36 months Maximum term: 60 months. Possession: November 1, 2026, flexible. The property benefits from Barrie's strong labour base, expanding industrial growth, and significantly lower occupancy costs compared to GTA industrial markets. Strategic Highway 400 access supports efficient north-south goods movement while serving both regional and GTA markets without GTA rental premiums. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

68,492

Households

28,207

Median income

$82,500

Median age

43.9

Daytime population

84,450

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for A,B,C,1,2,3 - 25 LORENA STREET, Barrie (400 North).

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.