Business For Sale · Industrial

100 2nd AVENUE E, Lumsden

100 2nd AVENUE E, Lumsden, SK S0G3C0

$1.3M total

2,500 SF

Asset Class

Industrial

Size

2,500 SF

Building class

C

Zoning

IM — Medium Industrial

$ / SF

$520

Occupancy

97%

Lot Size

15.9 ac

Clear height

24 ft

Loading docks

5

About this property

Lumsden Industrial Storage Park for sale. Almost 16 acres of level land with an existing strong revenue stream from the storage of vehicles and RV's. Also individual storage lockers and buildings available . Excellent opportunity for expansion. Zoned industrial. Drone video available to see ariel view. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.30M
Down payment30% · $390K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$78K

Annual cash flow

$6K

Cash-on-cash

1.57%

DSCR

1.09

Going-in cap

6.01%

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.756 SF2027-06
Cascade Foods Inc.1,657 SF2027-06

Area demographics

Trade area within 3 miles of the property.

Population

80,166

Households

34,180

Median income

$68,000

Median age

39.2

Daytime population

123,959

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 100 2nd AVENUE E, Lumsden.

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.