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For Lease · Industrial

431 CAMPBELL STREET, Sarnia

431 CAMPBELL STREET, Sarnia, ON N7T2J1

Price on request

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

88%

Clear height

19 ft

Loading docks

4

About this property

FOR LEASE! EXCELLENT FREESTANDING BLOCK BUILDING LOCATED ON THE CORNER OF CAMPBELL ST. & PALMERSTON ST. S, SARNIA WITH HIGH EXPOSURE IN THE COMMERCIAL/ INDUSTRIAL DISTRICT. THIS SINGLE FLOOR INDUSTRIAL BUILDING WITH BOTH WAREHOUSE & OFFICE UNITS TOTALS 1,463 SQ FT. SUITABLE FOR AN OWNER/OPERATOR & MANY USES WITH LIGHT INDUSTRIAL (LI-1) ZONING. FEATURES INCLUDE: 2 OVERHEAD DOORS (9' WIDE X 8' HIGH) & (9' WIDE X 7' HIGH)WORKSHOPS COMPLETE WITH FORCED AIR GAS & ROUGHED IN PLUMBING IN SHOP & A FENCED COMPOUND FOR SECURITY & LAY DOWN AREA FOR EQUIPMENT & STORAGE. OFFICE AREAS HAVE BEEN FRESHLY PAINTED, NEW FLOORING THROUGHOUT, 1-2 PC & 1-4 PC BATHROOMS, EQUIPPED WITH YOUR OWN COFFEE BAR AREA. SEPRATELY METERED & NEW MINI SPLIT HEAT PUMP IN UNIT. HWT IS A RENTAL. PRICE PER MONTH: 2,550.00 + $260.00 TMI + UTILITIES, GRASS CUTTING & SNOW REMOVAL. 3-5 YEAR MIN LEASE TERM. PERFECT WAREHOUSE SPACE TO WORK ON PROJECT & IDEAL OFFICE SPACE SET UP FOR ALL YOUR BUSINESS NEEDS! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

86,619

Households

31,381

Median income

$115,500

Median age

35.6

Daytime population

112,811

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 431 CAMPBELL STREET, Sarnia.

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.