Business For Sale · Industrial

3909 GRAND MARAIS ROAD East Unit# C, Windsor

3909 GRAND MARAIS ROAD East Unit# C, Windsor, ON N8W1W9

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

98%

Year Built

1990

Clear height

28 ft

Loading docks

12

About this property

3,500 SF of main floor office space available in a free-standing building located at Grand Marais Road and Central, across from the new Amazon fulfillment/Warehouse centre. Excellent location with close proximity to the E.C. Row Expressway. Large parking area to accommodate over 90 vehicles. Handicap accessible building. Additional rent estimated at $5.50 per square foot. Excellent flex office space. Can be demised. Call LBO for more details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

78,488

Households

29,677

Median income

$131,500

Median age

40.4

Daytime population

118,423

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 3909 GRAND MARAIS ROAD East Unit# C, Windsor.

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.