For Lease · Retail

302 - 10 KEITH AVENUE, Collingwood

302 - 10 KEITH AVENUE, Collingwood, ON L9Y0W5

$24 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

83%

About this property

Prime sub-lease opportunity at Cranberry Mews, one of Collingwood's highest-exposure west-side plazas, with approx. 850 ft of frontage on Highway 26. Unit 302 offers 1,652 sq. ft. (surveyor-measured, BOMA retail standard) of bright, functional space: wide glazed storefront, approx. 13 ft clear ceilings, efficient open rectangular layout (approx. 24 ft x 70 ft), accessible washroom, rooftop gas HVAC with central air, 3-phase electrical service and rear service door for deliveries. Zoned C5 Highway Commercial and suited to a broad range of retail, service, office and health and wellness users, subject to Head Landlord approval of use and plaza exclusives. Cranberry Mews is a busy, well-tenanted centre adjacent to the Canadian Tire/Winners plaza and steps to Cranberry Village and the Living Water Resort corridor. Ample surface parking, transit at the door, minutes to downtown Collingwood and a short drive to Blue Mountain. Sub-lease of the balance of the term to October 31, 2027. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-6.94%

DSCR

0.62

Going-in cap

3.46%

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

139,644

Households

49,166

Median income

$97,000

Median age

31.9

Daytime population

137,393

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 302 - 10 KEITH AVENUE, Collingwood.

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.