For Lease · Industrial

97 ARDELT Avenue, Kitchener

97 ARDELT Avenue, Kitchener, ON N2C2E1

$9.95 per sq ft / yr

34,912 SF

Asset Class

Industrial

Size

34,912 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

98%

Lot Size

2.882 ac

Clear height

32 ft

Loading docks

2

About this property

97 Ardelt Avenue, Kitchener. Industrial space for lease in four configurations. Clear height 16 ft 7 in to deck. Power 400 amps, 600 volts, 3 phase. Fully sprinklered building. Zoned EMP 2 (General Industrial), permitting manufacturing, warehousing, trades and industrial services. Loading ranges from 1 dock level door and 1 drive in door up to 3 truck level doors and 3 drive in doors (10 ft x 12 ft), depending on configuration. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

14.36%

DSCR

1.78

Going-in cap

9.85%

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
Halcyon Wealth Partners13,383 SF2030-11
Halcyon Wealth Partners20,970 SF2030-11

Area demographics

Trade area within 3 miles of the property.

Population

59,170

Households

26,628

Median income

$67,000

Median age

36

Daytime population

84,335

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 97 ARDELT Avenue, Kitchener.

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.