For Lease · Retail

11 - 11 ALWAY ROAD, Hamilton (Binbrook)

11 - 11 ALWAY ROAD, Hamilton (Binbrook), ON L0R1C0

$32 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

Excellent Leasing Opportunity In The Growing Binbrook Community! Welcome To Unit 11 At 11 Alway Road, Hamilton, A Versatile Commercial Retail Unit Located In A Modern Plaza Serving The Rapidly Expanding Binbrook Area. This Space Offers Excellent Potential For A Wide Variety Of Professional, Medical, Retail, Food And Service-Based Businesses. Suitable Uses May Include: Doctor's Office, Walk-In Clinic, Physiotherapy/Chiropractic Clinic, Hearing Aid Clinic, Veterinary Clinic, Salon, Barber Shop, Nail Salon, Tutoring Centre, Private School (No Daycare), Music Lessons, Martial Arts Gym, Real Estate Office, Law Office, Insurance Office, Dry Cleaners, Flower Shop, Grocery Store, Ice Cream Shop, Bar, Coffee Shop, Sandwich Shop, Pizza Restaurant, Indian Restaurant, South Indian Restaurant, Hakka Chinese Restaurant, Breakfast Restaurant, Chicken Wing Restaurant, Shawarma Restaurant And More. An Excellent Opportunity For Business Owners And Professionals Looking To Establish Or Expand Their Presence In One Of Hamilton's Growing Communities. Don't Miss This Opportunity To Secure A Commercial Space In Binbrook. All Uses Are Subject To Applicable Zoning, Municipal Requirements And Landlord Approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$32
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.90%

DSCR

0.84

Going-in cap

4.67%

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

110,819

Households

51,462

Median income

$105,000

Median age

33.1

Daytime population

138,998

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 11 - 11 ALWAY ROAD, Hamilton (Binbrook).

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.