For Lease · Land

7042 SMITH INDUSTRIAL DRIVE, Amherstburg

7042 SMITH INDUSTRIAL DRIVE, Amherstburg, ON N0R1J0

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

96%

About this property

1.68 acres in prime industrial park for lease at $2,750/acre/month. Gravel surface ideal for truck or construction equipment storage. Gated single point entry for security. Lease is for all 1.68 acres and partial area leases will not be considered. Uses for waste and / or chemical storage will not be considered. Tenant to verify intended use meets with zoning. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

94,135

Households

41,902

Median income

$119,000

Median age

36.6

Daytime population

127,209

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for 7042 SMITH INDUSTRIAL DRIVE, Amherstburg.

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.