For Sale · Industrial

460 CHRISTINA STREET North Unit# 1-A, Sarnia

460 CHRISTINA STREET North Unit# 1-A, Sarnia, ON N7T5W4

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

91%

Clear height

19 ft

Loading docks

5

About this property

2 ROOM OFFICE SUITE, APPROX. 10X12 EACH OFFICE. MAIN FLOOR, ADJACENT TO MAIN ENTRANCE. BRAND NEW OFFICE SPACE, FULLY ACCESSIBLE. FREE PARKING AND ON BUS ROUTE. LEASE PRICE IS PER MONTH PLUS HST, OTHERWISE ALL INCLUSIVE. LISTING AGENT IS SHAREHOLDER OF LANDLORD. CALL FOR YOUR SHOWING. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

107,972

Households

51,349

Median income

$100,500

Median age

34.3

Daytime population

125,410

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 460 CHRISTINA STREET North Unit# 1-A, 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.