1/13MAIN - 426 THIRD STREET, London East (East H)
MAIN - 426 THIRD STREET, London East (East H), ON N5W4W6
$13 per sq ft / yr
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
88%
About this property
1,866 Sq Ft of recently renovated main floor space available. Unit contains 2 individual offices, a large open concept common area, and 2 washrooms. Large windows provide an abundance of natural light throughout the space. Property includes ~32 parking spaces located at the rear and 2 outdoor green spaces. Zoning permits medical, office, and service-based uses. The unit is being offered at $13/Sq Ft + $5/Sq Ft (TMI) and utilities (hydro and water). 2nd floor unit (1,866 sq ft) also available with opportunity to lease both floors. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
4.09%
DSCR
1.22
Going-in cap
6.77%
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
128,968
Households
49,912
Median income
$98,000
Median age
44.5
Daytime population
116,009
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for MAIN - 426 THIRD STREET, London East (East H).
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.