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Business For Sale · Industrial

264 TECUMSEH STREET, Sarnia

264 TECUMSEH STREET, Sarnia, ON N7V1P2

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

90%

Clear height

23 ft

Loading docks

8

About this property

Prime industrial space available for lease in a well-maintained industrial plaza. This 3,000 sq. ft. unit features a 10 x 12 ft overhead door, providing easy access for loading and deliveries. Inside, you'll find 2 bathrooms, a kitchen & a lunch room, offering added convenience for your team. Ideal for a variety of industrial, warehousing, or commercial uses, this space is competitively priced at $10.50 per sq. ft. plus $3.00 per sq. ft. CAM fees. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

139,354

Households

51,993

Median income

$134,000

Median age

36.1

Daytime population

119,387

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 264 TECUMSEH STREET, Sarnia.

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.