For Sale · Industrial

7 FRANKFORD CRESCENT, Quinte West (Trenton Ward)

7 FRANKFORD CRESCENT, Quinte West (Trenton Ward), ON K8V6H8

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

94%

Clear height

34 ft

Loading docks

2

About this property

Approximately 1800 square feet of light industrial space in a busy industrial park about 3 minutes from highway 401 in Quinte West (exit 525 off the 401, at highway 33/Front St, the main thoroughfare to downtown Trenton) and Frankford Crescent; all three units combined are 45 feet wide by 50 feet deep; small office at the back of unit 12; 2 piece washroom at the back of unit 15; except for about 5 feet at the back, unit 15 is walled off separately from units 12 and 14; a man door separates unit 15 from 12 and 14 which can allow for a sublet tenant, providing approval from the landlord is granted; 12' ceiling clearance; Three 10' x 10' overhead doors at the front; 3 man doors at the front, one part glass; 1 man door at the back of unit 15; (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

43,132

Households

15,873

Median income

$77,000

Median age

40.3

Daytime population

60,237

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 7 FRANKFORD CRESCENT, Quinte West (Trenton Ward).

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.