Business For Sale · Industrial

132 NORTH PORT ROAD, Scugog (Port Perry)

132 NORTH PORT ROAD, Scugog (Port Perry), ON L9L1B2

$4.0M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

98%

Lot Size

11.06 ac

Clear height

19 ft

Loading docks

11

About this property

North Port Industrial Park at Port Perry - 3 minutes to Highway 12/7, 18 minutes to Highway 407, 26 minutes to Highway 401;36 minutes to Highway 404; 11.06 acre Industrial Development Site ready to build! Two parcels of land for a total of 11AC; Zoned M2 & M2-3with wide range of permitted uses including transportation depot, public works yard, self-storage facility, salvage yard, service & rentals ,warehouse space and more; situated close to key transit routes; dry, level graded lot. EP-2 zoning allows for usage as parking / restricted storage but not included in building envelope space; Property taxes are for both properties that must be sold together as the 1 acre parcel fronting to North Port gives public road access to larger property to west; North Port Road frontage property can still be developed with buildings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.00M
Down payment30% · $1.20M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$236K

Annual cash flow

$14K

Cash-on-cash

1.17%

DSCR

1.06

Going-in cap

5.89%

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

129,710

Households

56,088

Median income

$65,000

Median age

35.8

Daytime population

182,103

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 132 NORTH PORT ROAD, Scugog (Port Perry).

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.