1/18172 CHRISTINA STREET North, Sarnia
172 CHRISTINA STREET North, Sarnia, ON N7T5T9
Price on request
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Asset Class
Industrial
Size
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Building class
C
Zoning
IL — Light Industrial
$ / SF
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Occupancy
92%
Clear height
19 ft
Loading docks
9
About this property
Prime commercial space available in the heart of Downtown Sarnia. This spacious unit offers approximately 3,200 sq.ft. featuring several finished offices/examination rooms, a staff kitchenette, 2 washrooms, 2 parking spaces, and full use of the basement for storage. Large west-facing display windows provide excellent visibility and business exposure. The space is well finished and currently operating as an optometry office, making it a rare, practically turnkey opportunity for anyone looking to run an optical practice in an established location. Little to no additional investment is needed for furnishings, upgrades, or equipment. Lease rate plus utilities and HST. CAM is estimated at $5.65 per sq.ft. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
62,681
Households
27,802
Median income
$81,000
Median age
43.2
Daytime population
87,962
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 172 CHRISTINA STREET North, Sarnia.
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.