For Lease · Specialty

79 HIGHWAY 2 Unit# B & C, Princeton

79 HIGHWAY 2 Unit# B & C, Princeton, ON N0J1V0

Price on request

36,400 SF

Asset Class

Specialty

Size

36,400 SF

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

100%

Lot Size

4.22 ac

About this property

Opportunity to lease approximately 36,400 square feet of versatile commercial space on a rural commercial property in Brant, including 2,400 square feet of warehouse space and 34,000 square feet of greenhouse space. The warehouse features 12-foot ceilings, two drive-in bay doors, a private entrance, and a 2-piece bathroom, making it ideal for contractors, trades, workshop use, storage, or agricultural-related businesses. The poly-covered, gutter-connected greenhouse is professionally equipped with power roof ventilation and an automated shade system, making it suitable for a variety of agricultural uses. Heat (natural gas) and water services can be made available as needed, and tenants are responsible for utilities. Conveniently located just minutes from Highways 401 and 403, the property offers excellent access to Kitchener-Waterloo, Hamilton, and Brantford. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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 Physiotherapy13,100 SF2033-01
Lakeview Physiotherapy23,155 SF2033-01

Area demographics

Trade area within 3 miles of the property.

Population

100,319

Households

36,834

Median income

$100,000

Median age

44.4

Daytime population

132,310

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 79 HIGHWAY 2 Unit# B & C, Princeton.

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.