565 VIDAL STREET South, Sarnia565 VIDAL STREET South, Sarnia — photo 2565 VIDAL STREET South, Sarnia — photo 3565 VIDAL STREET South, Sarnia — photo 4565 VIDAL STREET South, Sarnia — photo 5565 VIDAL STREET South, Sarnia — photo 6565 VIDAL STREET South, Sarnia — photo 7565 VIDAL STREET South, Sarnia — photo 8565 VIDAL STREET South, Sarnia — photo 9565 VIDAL STREET South, Sarnia — photo 10565 VIDAL STREET South, Sarnia — photo 11565 VIDAL STREET South, Sarnia — photo 12565 VIDAL STREET South, Sarnia — photo 13565 VIDAL STREET South, Sarnia — photo 14565 VIDAL STREET South, Sarnia — photo 15565 VIDAL STREET South, Sarnia — photo 16565 VIDAL STREET South, Sarnia — photo 17565 VIDAL STREET South, Sarnia — photo 18565 VIDAL STREET South, Sarnia — photo 19
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Business For Sale · Industrial

565 VIDAL STREET South, Sarnia

565 VIDAL STREET South, Sarnia, ON N7V2V8

Price on request

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

98%

Clear height

20 ft

Loading docks

5

About this property

EXCELLENT LOCATION FOR INDUSTRIAL/RETAIL/OFFICE/FAST FOOD USER. GREAT CORNER SITE IN THE HEART OF SARNIA'S INDUSTRIAL CORRIDOR. HIGH TRAFFIC LOCATION. 2685 SQ FT. ADJACENT TO TIM HORTON'S. OVER 19,000 CARS/DAY ON VIDAL ST. SOUTH. LANDLORD WILL RENOVATE TO SUIT TENANT'S REQUIREMENTS, DEPENDING ON LEASE TERMS. NEW OVER HEAD DOOR WITH ENCLOSED FENCED COMPOUND, 550 SQ FT OFFICE, 1200 SQ FT SHOWROOM/RECEPTION AREA, 750 SQ FT WAREHOUSE. ROOM FOR BUILDING EXPANSION UP YO 8000 SQ FT ADDITIONAL OR BUILD TO SUIT. LISTING AGENT IS SHAREHOLDER OF LANDLORD. 400 AMP, 240 VOLT HYDRO SERVICE. COMMON AREA COST ESTIMATED AT $3.00 PER SQ FT. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

64,022

Households

29,243

Median income

$69,500

Median age

41.8

Daytime population

99,060

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 565 VIDAL STREET South, Sarnia.

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.