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For Lease · Specialty

675 Cheadle STREET W, Swift Current

675 Cheadle STREET W, Swift Current, SK S9H0C1

Price on request

12,000 SF

Asset Class

Specialty

Size

12,000 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

89%

Year Built

1969

About this property

Here is a Leasing Opportunity with direct access to loading bays and lots of storage space. There is currently some brewery equipment, some wet and some dry processing equipment for various grains, oilseeds and pulse crops. There are packaging machines and some lab accessories. All of the equipment can be removed leaving access to approximately 10-12,000 sq. ft. of warehouse space. Located on Cheadle St. West with ample off street parking and easy access to No. 1 Hwy or downtown Swift Current. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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
Halcyon Wealth Partners3,539 SF2028-07
Halcyon Wealth Partners2,373 SF2028-07
Halcyon Wealth Partners4,731 SF2028-07

Area demographics

Trade area within 3 miles of the property.

Population

70,103

Households

28,523

Median income

$128,500

Median age

35.3

Daytime population

86,352

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 675 Cheadle STREET W, Swift Current.

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.