For Lease · Industrial

111 - 442 MILLEN ROAD, Hamilton (Stoney Creek Industrial)

111 - 442 MILLEN ROAD, Hamilton (Stoney Creek Industrial), ON L8E6H2

$13.5 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

84%

Lot Size

3437 ac

Clear height

21 ft

Loading docks

14

About this property

Commanding prime visibility and exceptional visual exposure from both the QEW and the South Service Road, this 3,450 SF commercial-industrial flex facility delivers the ideal operational balance for trade contractors, B2B showrooms, technical service providers, and wholesale operators requiring client-facing polish alongside functional warehouse utility. The main floor features approximately 1,000 SF of dedicated showroom or professional office space seamlessly adjoining a 1,000 SF industrial bay complete with 20' clear ceiling height, a commercial bay loading door, built-in storage, and a private washroom. Above, the bright, expansive1,450 SF second level is flooded with natural light and highway sightlines, configured into two large open workspaces or executive suites with an additional washroom for a complete corporate footprint. Supported by versatile M3 zoning, 8 designated surface parking stalls, full climate control (central A/C and gas forced-air heat), and instantaneous arterial access linking the GTA, the Niagara Region, and US border crossings, this unit offers maximum operational efficiency with immediate possession available. (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.27%

DSCR

1.12

Going-in cap

6.22%

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

101,596

Households

39,183

Median income

$126,500

Median age

33.1

Daytime population

95,379

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 111 - 442 MILLEN ROAD, Hamilton (Stoney Creek 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.