For Lease · Retail

179 CASIMIR STREET, Scugog (Port Perry)

179 CASIMIR STREET, Scugog (Port Perry), ON L9L1B7

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

86%

About this property

Exceptional leasing opportunity in the heart of Port Perry! Welcome to 179 Casimir Street, offering approximately 2,300 sq.ft. of versatile commercial space in a desirable commercial location. Featuring a functional layout with expansive open areas, private offices and storage, this property offers outstanding flexibility for a wide range of professional, office, retail, service commercial and business uses. The adaptable floor plan provides an excellent opportunity for tenants to customize the space to suit their operational needs, creating a professional environment tailored to their business. Ideally situated with excellent accessibility and ample parking, this is a fantastic opportunity to establish or expand your business in one of Downtown Port Perry's established commercial areas. Offered at $25.00 per square foot Gross Lease (including TMI). Uses are subject to applicable zoning and municipal requirements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

123,838

Households

57,798

Median income

$71,500

Median age

43.9

Daytime population

172,026

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 179 CASIMIR STREET, Scugog (Port Perry).

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.