For Lease · Office

C - 37 EMPIRE STREET, Guelph (St. Patrick's Ward)

C - 37 EMPIRE STREET, Guelph (St. Patrick's Ward), ON N1E2Y4

$21 per sq ft / yr

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

94%

Lot Size

819 ac

About this property

This ground-level office space was recently renovated and provides flexible space to suit your business's needs. 819 square feet with a large, open main area, plus a large office with great windows, and a private washroom and kitchenette. Ideally suited for a law office, accounting, bookkeeping, property management, etc. Very low TMI makes this unit much more affordable than most comparable spaces. There is also ample parking for all of the tenants in the building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.55%

DSCR

0.81

Going-in cap

4.48%

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

81,711

Households

33,118

Median income

$104,000

Median age

35.3

Daytime population

73,825

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for C - 37 EMPIRE STREET, Guelph (St. Patrick's Ward).

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.