For Sale · Office

105 - 141 LAKE STREET, Pembroke

105 - 141 LAKE STREET, Pembroke, ON K8A5L8

Price on request

—

Asset Class

Office

Size

—

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

93%

About this property

Located in the upscale PEMBROKE CITY CENTRE with 1,430 square feet of ground level office space this unit has many possibilities. This excellent downtown location on Lake street has high exposure with onsite parking and good signage. It's just a short walk to the marina, Algonquin College, banks and downtown shops and restaurants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

126,608

Households

53,828

Median income

$126,500

Median age

38

Daytime population

168,754

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 105 - 141 LAKE STREET, Pembroke.

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.