Business For Sale · Industrial

15 MAPLE LEAF DRIVE, Chatham

15 MAPLE LEAF DRIVE, Chatham, ON N7M6H2

$799,900 total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

98%

Year Built

1997

Clear height

23 ft

Loading docks

6

About this property

Excellent commercial/industrial opportunity located in the southeast section of the city, conveniently situated off a major thoroughfare with excellent access and strong traffic exposure. This approximately 12,000 sq. ft. building is situated on 1.13 acres and is in an excellent state of repair. The property features well-appointed front offices, multiple finished offices, a boardroom and high-end finishes, including vinyl flooring. The rear of the building provides a functional work area, along with multiple roll-up doors. The building features approximately 12-foot ceilings, concrete floors, metal-clad siding and a metal roof. The interior layout offers excellent flexibility, with the space capable of being divided into separate areas and several entry points providing convenient access to different sections of the building. The property also includes a securely fenced yard, providing added security and excellent functionality for loading, storage and commercial operations. A well-maintained and versatile property offering quality office space, functional work areas and excellent industrial infrastructure in a highly accessible location. Property is to be sold in a ""AS IS "" condition. All offers are to contain a 48 hour irrevocable time. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$53K

Annual cash flow

$9K

Cash-on-cash

3.62%

DSCR

1.20

Going-in cap

6.63%

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

120,411

Households

55,836

Median income

$124,500

Median age

33.1

Daytime population

196,613

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 15 MAPLE LEAF DRIVE, Chatham.

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.