For Lease · Office

108 - 3410 SOUTH SERVICE ROAD, Burlington (Industrial Burlington)

108 - 3410 SOUTH SERVICE ROAD, Burlington (Industrial Burlington), ON L7N3T2

$19 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

84%

About this property

1,472 SF Office Space - Available for Sub-LeaseBright, move-in ready space featuring two large private offices flooded with natural light, plus an open work area ideal for collaborative or flexible seating. Property Highlights: Renovated common areas and elevator access. Ample free parking on site. Direct access off the QEW. Close to public transit and neighbourhood amenities. Janitorial services available (additional monthly cost).Sublease term: End of January 2028. (id:66811)

Financial sandbox

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Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.73%

DSCR

0.80

Going-in cap

4.42%

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

79,559

Households

29,698

Median income

$112,500

Median age

31.4

Daytime population

130,436

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 108 - 3410 SOUTH SERVICE ROAD, Burlington (Industrial Burlington).

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.