For Lease · Industrial

587 HANLON CREEK Boulevard Unit# 21, Guelph

587 HANLON CREEK Boulevard Unit# 21, Guelph, ON N1C0B3

$19.5 per sq ft / yr

2,248 SF

Asset Class

Industrial

Size

2,248 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

87%

Year Built

2024

Clear height

32 ft

Loading docks

13

About this property

Industrial Condo Unit in Guelph, ON is For Lease. Located at the Hanlon Expressway and approximately 7 minutes from Highway 401. Features approximately 2,248 Sqft. including 1,523 Sqft. on the First Floor + 725 Sqft. on the Second Floor, with a 22' ceiling height and 10' × 10' drive-in loading bay. Lease Rate: $20/Sqft. + TMI: $7.90/Sqft. Flexible BP-3 Zoning permits a variety of uses including manufacturing, warehouse, medical office/clinic, office, commercial/cloud kitchen, beauty/hair salon, recreational, school/tuition centre, research & development and much more. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.60%

DSCR

0.81

Going-in cap

4.46%

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
Aurora Legal LLP1,949 SF2027-08

Area demographics

Trade area within 3 miles of the property.

Population

133,900

Households

50,968

Median income

$90,000

Median age

43.1

Daytime population

222,472

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 587 HANLON CREEK Boulevard Unit# 21, Guelph.

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.