For Lease · Retail

L - 190 MEMORIAL AVENUE, Orillia

L - 190 MEMORIAL AVENUE, Orillia, ON L3V5X6

$14 per sq ft / yr

1,694 SF

Asset Class

Retail

Size

1,694 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$0

Occupancy

88%

About this property

Located on one of the busiest streets in Orillia. A variety of uses are possible! Close to OPP Headquarters and the hospital. Lots of parking is available on the premises. This Unit is 1694 Square feet; base rent is $14.00 per sq. ft.; CAM is estimated at $ 10 per square foot. Tenant pays for heat, hydro, water, and Insurance. This Unit is ready to move in on February 1st!!! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.48%

DSCR

1.13

Going-in cap

6.29%

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
Prairie Coffee Roasters476 SF2034-05
Prairie Coffee Roasters400 SF2034-05
Prairie Coffee Roasters688 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

88,371

Households

34,302

Median income

$98,000

Median age

42.1

Daytime population

81,315

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for L - 190 MEMORIAL AVENUE, Orillia.

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.