For Lease · Industrial

5035 NORTH SERVICE Road Unit# C-11, Burlington

5035 NORTH SERVICE Road Unit# C-11, Burlington, ON L7L5V2

$16.95 per sq ft / yr

2,328 SF

Asset Class

Industrial

Size

2,328 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

$0

Occupancy

87%

Clear height

28 ft

Loading docks

7

About this property

Very nice modern clean space with 3 private offices, large meeting/training/packing/shipping room and a small warehouse with a 12'x12' drive in door. T.M.I. is $4.76 per sq.. ft. per annum. 16' clear hight with sprinklers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
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

-1.36%

DSCR

0.93

Going-in cap

5.13%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy856 SF2029-09
Lakeview Physiotherapy1,172 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

47,430

Households

20,965

Median income

$134,500

Median age

38.8

Daytime population

47,439

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 5035 NORTH SERVICE Road Unit# C-11, Burlington.

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.