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Price on request
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
90%
Year Built
1950
Clear height
20 ft
Loading docks
14
TRENDY CORNER UNIT FOR LEASE IN THE CORE OF SARNIA'S DOWNTOWN CULTURAL DISTRICT. THIS PROPERTY HAS UNDERGONE SIGNIFICANT UPGRADES INCLUDING A PRIVATE PARKING AREA. SITUATED ON THE CORNER OF DAVIS AND CHRISTINA ST THIS UNIT HAS PLENTY OF NATURAL LIGHT. CLEAR-SPAN AND WIDE OPEN FOR YOUR BUSINESS LAYOUT AND DESIGN. LANDLORD WILLING TO PARTICIPATE IN LEASEHOLD RENOVATIONS. UNIT IS APPROX. 1700 SQFT AND FEATURES ORIGINAL HARDWOOD FLOORS, HIGH CEILINGS AND AN ACCESSIBLE BATHROOM. EXCELLENT VISIBILITY AND SIGNAGE OPPORTUNITY. LEASE RATE IS PLUS UTILITIES AND HST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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.
Trade area within 3 miles of the property.
Population
68,401
Households
24,058
Median income
$67,500
Median age
41
Daytime population
73,704
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 100 CHRISTINA STREET North Unit# A, 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.