For Lease · Office

101 - 147 MCINTYRE STREET W, North Bay (Central)

101 - 147 MCINTYRE STREET W, North Bay (Central), ON P1B2Y6

$18 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

87%

About this property

3,951 sf of offices space consisting of 8 offices, 2 boardroom, 2 washrooms and a kitchenette. Spacious and well situated, just one block off the heart of the Main Street. Plenty of natural lighting pours in from the rows of windows lining each floor. With numerous access points, including a main entrance off of McIntyre, and well-established long-term tenants this property is a proud, well-maintained community of businesses. Next door is a multi-level municipal parking garage and all the amenities are a short walk around the corner. $18.00 gross /sf/yr + HST. Hydro included if standard consumption. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.36%

DSCR

0.87

Going-in cap

4.83%

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

63,206

Households

25,935

Median income

$75,500

Median age

38.4

Daytime population

68,607

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 101 - 147 MCINTYRE STREET W, North Bay (Central).

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.