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For Lease · Industrial

80 SECOND Avenue W, Simcoe

80 SECOND Avenue W, Simcoe, ON N3Y2P3

$6.5 per sq ft / yr

62,000 SF

Asset Class

Industrial

Size

62,000 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

99%

Lot Size

3.03 ac

Clear height

26 ft

Loading docks

11

About this property

Room to grow. Power to perform. Flexible lease terms. Approximately 62,000 SF of industrial/warehouse space at 80 Second Ave W, Simcoe, Landlord incentives available. Occupancy date negotiable. Opportunity to structure a lease around your business needs. The property features 20 foot clear height, 3 truck-level loading doors, 2 drive-in doors and 1,200-amp, 600-volt, 3-phase electrical service. Rear loading and a freight elevator connecting building levels support the movement of goods throughout the building. Situated on a 3.03 acre site with paved on-site parking and approximately 570 feet of frontage. Convenient access to Highways 3 and 24, with retail and services nearby. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$7
Down payment30% · $2
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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
Northbridge Logistics33,875 SF2028-08
Northbridge Logistics15,042 SF2028-08
Northbridge Logistics6,779 SF2028-08
Northbridge Logistics5,374 SF2028-08

Area demographics

Trade area within 3 miles of the property.

Population

126,368

Households

46,528

Median income

$98,000

Median age

32.3

Daytime population

200,890

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 80 SECOND Avenue W, Simcoe.

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.