For Lease · Industrial

8 - 56 PENNSYLVANIA AVENUE, Vaughan (Concord)

8 - 56 PENNSYLVANIA AVENUE, Vaughan (Concord), ON L4K3V9

$16.5 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

92%

Clear height

26 ft

Loading docks

13

About this property

Excellent industrial unit in a prestigious and highly accessible location! Ideal for warehousing, distribution, showroom and/or office use. Features excellent warehouse clear height, convenient drive-in door, ample parking, and kitchenette. Well-maintained building with flexible functionality for a variety of commercial users. Exceptional location close to Highways 400, 407 & 7, and nearby subway/transit access. No automotive use permitted.flexible leasing opportunity to the listing. The space may be subdivided to accommodate a variety of business sizes and layouts, offering tenants the flexibility to lease space that best suits their operational needs. Upper Level Office Space and Lower Level Office and Storage/Warehouse. (id:66811)

Financial sandbox

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Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.12%

DSCR

1.01

Going-in cap

5.58%

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

80,974

Households

34,737

Median income

$103,500

Median age

33.6

Daytime population

96,049

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 8 - 56 PENNSYLVANIA AVENUE, Vaughan (Concord).

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.