Business For Sale · Industrial

210 Falconbridge Road, Sudbury

210 Falconbridge Road, Sudbury, ON P3A5K3

$6.6M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

98%

Clear height

32 ft

Loading docks

7

About this property

Rare opportunity to acquire a substantial industrial property in a high-profile New Sudbury location. Offered together, both properties comprise approximately 7.28 acres of M1-1 Business Industrial zoned land with frontage on two major arteries, an approximately 11,007 sq. ft. industrial building and extensive parking and yard areas. Currently leased under a triple-net lease, providing attractive income with significant future potential. Features include excellent ceiling height, large overhead doors, office and service areas, municipal water and sewer, natural gas and 3-phase power. The adjoining lands provide improved parking for approximately 200 vehicles, plus additional yard and development potential. Strategically located on Falconbridge Road with convenient access to the Kingsway, New Sudbury and major transportation routes. An excellent opportunity for investors, transportation and fleet operators, mining-related businesses or industrial users. 200 & 210 Falconbridge Road are being sold together. (id:66811)

Financial sandbox

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Estimate
Purchase price$6.60M
Down payment30% · $1.98M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$30K

Projected NOI

$396K

Annual cash flow

$30K

Cash-on-cash

1.52%

DSCR

1.08

Going-in cap

6.00%

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

123,545

Households

52,572

Median income

$100,500

Median age

44.3

Daytime population

121,738

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 210 Falconbridge Road, Sudbury.

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.