For Sale · Industrial

2 - 131 NORTH PORT ROAD, Scugog (Port Perry)

2 - 131 NORTH PORT ROAD, Scugog (Port Perry), ON L9L1B2

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

82%

Clear height

33 ft

Loading docks

6

About this property

Industrial Unit Located Within A Well-Maintained Industrial Mall. Offers An Ideal Space For A Business Seeking Functionality And Convenience. 1,440 Sq Ft Plus A Large Mezzanine For Open Storage. Featuring A Practical Layout With Office & Warehouse Space. Equipped With A 12' x 14' Overhead Door. Gas Heat In The Warehouse; Electric Heat In The Office. High Ceilings, Approximately 22 Feet. Would Suit Light Manufacturing, Warehouse Or Distribution Centre. No Automotive Uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

141,153

Households

58,045

Median income

$106,000

Median age

33.9

Daytime population

236,126

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 2 - 131 NORTH PORT ROAD, Scugog (Port Perry).

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.