For Sale · Office

141 LAKE STREET, Pembroke

141 LAKE STREET, Pembroke, ON K8A5L8

$3.8M total

36,567 SF

Asset Class

Office

Size

36,567 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$104

Occupancy

87%

About this property

Premium commercial office complex with approximately 32,720 sq feet of office space. Currently 95% occupied. Class A Tenants, ample parking and a short walk to amenities. The building and parking lot are very well kept. Great Income, Great Investment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.80M
Down payment30% · $1.14M
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$215K

Annual cash flow

$5K

Cash-on-cash

0.41%

DSCR

1.02

Going-in cap

5.67%

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
Northbridge Logistics20,103 SF2028-08
Northbridge Logistics7,462 SF2028-08
Northbridge Logistics4,358 SF2028-08

Area demographics

Trade area within 3 miles of the property.

Population

89,085

Households

30,960

Median income

$68,500

Median age

39.9

Daytime population

109,543

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 141 LAKE STREET, 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.