1040 OLIVER ROAD, Thunder Bay (Inner-City Industrial)1040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 21040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 31040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 41040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 51040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 61040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 71040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 81040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 91040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 101040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 111040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 121040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 131040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 141040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 151040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 161040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 171040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 181040 OLIVER ROAD, Thunder Bay (Inner-City Industrial) — photo 19
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Business For Sale · Office

1040 OLIVER ROAD, Thunder Bay (Inner-City Industrial)

1040 OLIVER ROAD, Thunder Bay (Inner-City Industrial), ON P7B7A5

Price on request

2,000 SF

Asset Class

Office

Size

2,000 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

96%

About this property

***BEST LOCATION in THUNDER BAY***NEWLY BUILT 2014-> ***THUNDER BAY REGIONAL*** Medical Health Sciences Center, #1 Excellent Location On Campus Of Thunder Bay Regional Hospital, 7 Stories 15,000 SF Per Floor, Total Area: 105,000 sf AVAILABILITY: 1st Floor: 1,798 square feet 2nd Floor: 6,611 square feet 4th Floor: 5,778 square feet 5th Floor: whole floor available, 14,418 square feet 6th Floor: whole floor available, 14,418 square feet Environmentally Designed *State Of The Art" Facility For Optimum Health, Including Lead Shielding Assemblies, Independent Air Systems, Emergency Power Generation & Completely Redundant Electrical & Controls Systems. **Variety of Leasing Options Available** Starting 2,000+sf to 30,000+ sf ***LANDLORD WILL CUSTOMIZE TO SUIT YOUR EXACT NEEDS***Only $19 psf+ Triple Net Lease+ Est $13.88-> Available 24/7 (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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group1,077 SF2033-02
Meridian Health Group472 SF2033-02
Meridian Health Group400 SF2033-02
Meridian Health Group400 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

48,334

Households

19,799

Median income

$94,000

Median age

45.8

Daytime population

67,813

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 1040 OLIVER ROAD, Thunder Bay (Inner-City Industrial).

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.