For Lease · Specialty

338 Kendra Street Unit# 1, Moncton

338 Kendra Street Unit# 1, Moncton, NB E1C4K4

Price on request

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

Lot Size

0.16135967144897526 ac

About this property

Prime office space for lease in a high-traffic area offering excellent visibility and convenience close to everything. Features three offices in totaltwo large offices plus one ideal for receptionmaking it perfect for walk-in clients. Includes two mini-splits for efficient heating and cooling, paved parking with plenty of spots, and a great layout suited for professional or service-based businesses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

65,357

Households

30,175

Median income

$72,000

Median age

41.4

Daytime population

75,688

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 338 Kendra Street Unit# 1, Moncton.

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.