Business For Sale · Industrial

7 100 MacGregor Avenue, Stellarton

7 100 MacGregor Avenue, Stellarton, NS B0K1S0

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

93%

Year Built

1984

Lot Size

2.112 ac

Clear height

23 ft

Loading docks

5

About this property

2,500 sq ft of warehouse space is now available for lease in the Stellarton Industrial Park. This open-span unit offers 16-foot ceilings, a private office, a bathroom, two walk-in doors and a large overhead garage door, all at ground level with outdoor parking on site. Freshly painted and move-in ready, it's a clean, flexible space suited to a wide range of light industrial, contractor, storage or distribution uses. Lease rate is $8.00/sq ft net rent plus $4.00/sq ft CAM (Common Area Maintenance), for a total of $12.00/sq ft, plus HST. Based on 2,500 sq ft, that's approximately $2,500.00/month gross ($1,666.67 base rent + $833.33 CAM). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

98,403

Households

40,440

Median income

$128,500

Median age

36.1

Daytime population

134,819

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 7 100 MacGregor Avenue, Stellarton.

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.