For Lease · Retail

5970 LUNDYS LANE, Niagara Falls (Dorchester)

5970 LUNDYS LANE, Niagara Falls (Dorchester), ON L2G5Z7

Price on request

3,956 SF

Asset Class

Retail

Size

3,956 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

95%

Lot Size

3956 ac

About this property

Building for lease near the corner of Lundy's Lane and Main Street. Approx. 2,728 sq. ft. main floor retail space plus a partial second floor of 1,273 sq. ft. Currently available with the entire building previously occupied by a thrift store (retail on main floor and extra inventory on second floor). Lease terms available.On-site paved parking for 2-3 cars. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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
Cascade Foods Inc.3,754 SF2032-03

Area demographics

Trade area within 3 miles of the property.

Population

126,812

Households

49,137

Median income

$98,000

Median age

31.1

Daytime population

198,887

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 5970 LUNDYS LANE, Niagara Falls (Dorchester).

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.