For Lease · Land

331 BOUNDARY ROAD E, Pembroke

331 BOUNDARY ROAD E, Pembroke, ON K8A7M3

$18 per sq ft / yr

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Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

Lot Size

3.5 ac

About this property

+/- 3.5 Acres of Industrial/Commercial Land on Boundary Road, a main artery in the City of Pembroke. Located immediately next door to the Pembroke Area Community Centre and at a busy intersection, this property has high visibility and traffic counts. Several entrances to property make for easy entry and exit. Zoning allows for many uses. Many new developments in the area - this is one of very few vacant Commercial/Industrial lots left on Boundary Road. Site is ready for food truck, as parking area and pad already in place and very limited food options to service several major employers in the area. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.17%

DSCR

0.88

Going-in cap

4.89%

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

79,993

Households

29,212

Median income

$129,000

Median age

38.4

Daytime population

86,476

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 331 BOUNDARY ROAD E, Pembroke.

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.