For Lease · Specialty

77-81 Golden Grove Road Unit# 3, Saint John

77-81 Golden Grove Road Unit# 3, Saint John, NB E2H1W6

$21 per sq ft / yr

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

96%

Lot Size

0 ac

About this property

Affordable 988 sq. ft. commercial lease opportunity in a well-established neighbourhood plaza. Ideal for retail, professional office, medical or wellness services, boutique storefront, studio, or a variety of service-based businesses. This flexible layout offers ample space to customize to your business needs while benefiting from excellent storefront exposure. Currently configured as one larger space with the adjacent Unit 2B, this unit presents an excellent opportunity for businesses seeking additional square footage. The space can continue to be leased in its current expanded layout or be separated into its own individual unit, subject to the landlord's approval and lease terms. Located just off the main route with excellent off-street parking and easy access, the plaza provides convenience for both clients and staff. Join an established commercial centre anchored by an on-site restaurant and a mix of local businesses, creating a convenient destination with consistent neighbourhood traffic and excellent visibility. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.23%

DSCR

0.82

Going-in cap

4.57%

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

92,461

Households

37,603

Median income

$131,500

Median age

37.5

Daytime population

129,021

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 77-81 Golden Grove Road Unit# 3, Saint John.

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.