For Lease · Specialty

749 BARTON Street E Unit# A, Hamilton

749 BARTON Street E Unit# A, Hamilton, ON L8L3A9

Price on request

4,200 SF

Asset Class

Specialty

Size

4,200 SF

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

89%

About this property

Welcome to a busy area of Barton St E near Lottridge St! With street parking and parking lots within a block, this property is easy to locate as it is on one of the busiest transit corridors of Hamilton. This unit has easy signage possibilities & floor to ceiling windows to utilize additional signage and allow lots of natural light in. The storefront has endless possibilities for usage as a furniture store, restaurant, clothing store, or divide the space for exceptional office space. 2-piece bath on main level & two 3-piece baths in basement, partial use of basement. Approx 4200 square feet /$0.95 per sq ft -390sq meters/$10.95 sq meter. Kitchen in back-room w/ stove, microwave. back doors for loading and unloading. continuously leased since 2014, vacant for immediate possession. Close to Tim Horton’s Field Stadium, on public transit and close to Highway access. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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
Northbridge Logistics3,755 SF2032-07

Area demographics

Trade area within 3 miles of the property.

Population

113,693

Households

40,349

Median income

$63,000

Median age

36.9

Daytime population

161,632

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 749 BARTON Street E Unit# A, Hamilton.

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.