For Lease · Retail

1070 REST ACRES Road Unit# Bldg F #7, Paris

1070 REST ACRES Road Unit# Bldg F #7, Paris, ON N3L0K6

$21 per sq ft / yr

17,213 SF

Asset Class

Retail

Size

17,213 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

$0

Occupancy

87%

About this property

17,213 sq. ft. of finished Retail space in busy Paris Retail Centre. Located on high-traffic thoroughfare, in Paris' fastest growing area, on Brantford's Westerly border adjacent to Highway 403. Retail Finishes: Automatic double Exit & Entry Doors with Vestibule. Ceilings and columns painted white, LED lighting throughout, Polished concrete floor. Male, Female and Barrier free washrooms. Rear employee area with four private offices & large employee lunch room. Rear storage area complete with 10 ft tall Drive in door and forced air gas blowers as well as rear forklift access and covered secure outdoor storage and interior finishes. New housing construction has been completed & some areas are in progress. (id:66811)

Financial sandbox

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Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.66%

DSCR

0.75

Going-in cap

4.14%

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
Aurora Legal LLP15,044 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

145,261

Households

53,825

Median income

$121,000

Median age

36.2

Daytime population

208,180

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 1070 REST ACRES Road Unit# Bldg F #7, Paris.

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.