For Sale · Industrial

17 NAPIER Court Unit# B, Utopia

17 NAPIER Court Unit# B, Utopia, ON L0M1T0

Price on request

3,560 SF

Asset Class

Industrial

Size

3,560 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

82%

Clear height

34 ft

Loading docks

2

About this property

3,560 square foot unit offering M1 zoned industrial/warehouse space, including mezzanine/office with washroom. Located just off Hwy 90 in Utopia (Essa), with easy access to major transport routes and minutes to Barrie. Convenient 12' x 14' drive-in level shipping door, vestibule entrance, and rear man door. Bright LED overhead lighting, 600V/30 amp/3 phase power, and radiant heating. Limited outdoor storage and parking at rear of unit, with customer parking in the front. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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
Cascade Foods Inc.1,109 SF2028-11
Cascade Foods Inc.1,821 SF2028-10

Area demographics

Trade area within 3 miles of the property.

Population

52,528

Households

23,707

Median income

$72,000

Median age

39.5

Daytime population

76,549

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 17 NAPIER Court Unit# B, Utopia.

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.