Business For Sale · Industrial

1900 MERVIN LINE, Cavan Monaghan (Cavan-Monaghan)

1900 MERVIN LINE, Cavan Monaghan (Cavan-Monaghan), ON K9J6X6

$2.5M total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

90%

Lot Size

53.29 ac

Clear height

29 ft

Loading docks

5

About this property

HWY #115 Exposure! 53.29 Acres Of Industrial Land Zoned M2 & H7. Designated As Rural Employment Area. Located At HWY #115 And Airport Road Interchange At The South End Of Peterborough. Fronts On Mervin Line & Backs On To HWY #115. Frontage Of 481.88 Ft. On Mervin Line. Frontage Of 1,027.21 Ft. On HWY #115. Depth Of 2,028.27 Ft. Great Visibility To HWY #115. Across The Road From The Peterborough Airport. 53.29 Acres Of Vacant Industrial Land. Zoning Allows For A Variety Of Permitted Uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$138K

Annual cash flow

$-388

Cash-on-cash

-0.05%

DSCR

1.00

Going-in cap

5.53%

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

113,756

Households

50,229

Median income

$88,000

Median age

43.3

Daytime population

166,528

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 1900 MERVIN LINE, Cavan Monaghan (Cavan-Monaghan).

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.