For Lease · Industrial

18/19 - 647 WELHAM ROAD, Barrie (400 East)

18/19 - 647 WELHAM ROAD, Barrie (400 East), ON L4N0B7

$14 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

99%

Clear height

26 ft

Loading docks

2

About this property

A total of over 4,000 sf of usable space including the 700 sf steel mezzanine in the back of unit 19 with 2nd 2pc washroom and kitchenette on it or it can be partially removed to increase area of 18' clear height. About 1200 sf office/showroom on 2 floors (includes 2 private offices and large open work area/showroom on each floor). Warehouse area has 2 - 14' x 12' drive in doors for easy access and shipping and receiving. This unit is conveniently located in south Barrie with easy access to Hwy 400 via Mapleview or south to Innisfil Beach Road. $14.00/s.f./yr + $8.75/s.f./yr TMI + HST, utilities (TMI Includes the condo fees shown on the listing). Annual esc. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

5.10%

DSCR

1.28

Going-in cap

7.07%

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

101,593

Households

36,726

Median income

$79,000

Median age

41.2

Daytime population

169,115

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 18/19 - 647 WELHAM ROAD, Barrie (400 East).

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.