For Lease · Retail

14 DUNDAS STREET E, Greater Napanee (Greater Napanee)

14 DUNDAS STREET E, Greater Napanee (Greater Napanee), ON K7R1H6

Price on request

1,483 SF

Asset Class

Retail

Size

1,483 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

82%

About this property

PRIME DOWNTOWN LOCATION & PROVEN BUSINESS SUCCESS! Exceptional opportunity to lease over 1,480 sq. ft. of versatile retail space in the heart of town. This is a rare opportunity to establish your business in a location with a proven track record of success, currently home to a well-established clothing store that has proudly operated from this location for more than 22 years. The long-standing business has built significant local recognition and goodwill, demonstrating the strength, visibility and appeal of this prime retail location. The spacious retail area offers excellent flexibility for a variety of retail, service or professional uses, with ample room for displays, customer areas and back-of-house operations. Take advantage of a location where a successful business has built its reputation for more than two decades - bring your vision and build on a location that has already proven its value. Access to plenty of free local street and lot parking. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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 Partners400 SF2031-07
Halcyon Wealth Partners400 SF2031-07
Halcyon Wealth Partners587 SF2031-07

Area demographics

Trade area within 3 miles of the property.

Population

102,681

Households

44,045

Median income

$123,500

Median age

35.9

Daytime population

102,565

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 14 DUNDAS STREET E, Greater Napanee (Greater Napanee).

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.