Business For Sale · Industrial

100 CHRISTINA STREET North Unit# A, Sarnia

100 CHRISTINA STREET North Unit# A, Sarnia, ON N7T5T6

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

90%

Year Built

1950

Clear height

20 ft

Loading docks

14

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 100 CHRISTINA STREET North Unit# A, Sarnia.

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.