For Sale · Retail

4169 KING STREET E, Kitchener

4169 KING STREET E, Kitchener, ON N2P2E8

$3.7M total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

90%

About this property

Exceptional opportunity to own a premium detached commercial Property in Deer Ridge / Hidden Valley in the heart of Waterloo Region.This luxuriously designed, modern, open-concept layout featuring numerous private rooms, with a Full basement providing additional functional space. 24 on-site private parking spaces, Abundant natural light, approximately 40,000 vehicles passing daily, offering excellent visibility and exposure, Private kitchen, washrooms, and laundry facilities. making it an excellent choice for a wide range of commercial uses, including: *Financial institutions and banks *Private schools and educational facilities *Medical and professional offices *Showrooms and retail concepts *Fitness centres and gymsSports and recreational facilities *And much more .... Prime Location Situated and surrounded by a wide range of established amenities, including: Costco and Home Depot, Banks and financial services, Restaurants and pharmacies, Schools and parks, A variety of retail and commercial businesses, Conveniently located just minutes from Highway 401, this property offers excellent accessibility for customers, employees, and clients throughout Kitchener, Waterloo, Cambridge, and the surrounding Waterloo Region. King street widening is being designed so it can accommodate ION LRT toward Cambridge in the future which should add a lot to the current property value. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.70M
Down payment30% · $1.11M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$17K

Projected NOI

$209K

Annual cash flow

$4K

Cash-on-cash

0.34%

DSCR

1.02

Going-in cap

5.64%

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

76,847

Households

30,077

Median income

$78,000

Median age

42.4

Daytime population

104,290

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 4169 KING STREET E, Kitchener.

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.