Business For Sale · Industrial

20A WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park)

20A WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park), ON L4B1E3

Price on request

12,000 SF

Asset Class

Industrial

Size

12,000 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

93%

Clear height

21 ft

Loading docks

10

About this property

Exceptional industrial unit located in Richmond Hill's Beaver Creek Business Park, offering prime access to Highways 404 and 407. Features efficient shipping areas and ample parking. Landlord is open to leasing 10,000-13,000 SF within the main building. Situated within Richmond Hill's Employment Lands, the property is zoned M1 - Business Park Industrial, supporting a wide range of light-industrial uses. Surrounded by convenient amenities including restaurants, banks, hotels, and other services. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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
Aurora Legal LLP3,401 SF2032-05
Aurora Legal LLP2,380 SF2032-05
Aurora Legal LLP1,628 SF2032-05
Aurora Legal LLP3,787 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

114,358

Households

51,230

Median income

$73,000

Median age

39.2

Daytime population

116,742

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 20A WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park).

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.