Business For Sale · Industrial

461 Scott ROAD, Sarnia

461 Scott ROAD, Sarnia, ON N7T8G3

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

86%

Clear height

26 ft

Loading docks

1

About this property

LAY DOWN SPACE AVAILABLE CENTRAL TO SARNIA'S OIL AND GAS SECTOR ON HEAVY INDUSTRIAL ZONED LAND. THIS SITE IS APPORX 15,000 SQ.FT OF SECURED AND FENCED LAY DOWN AREA WITH A GRAVEL BASE. SITE IS CURRENTLY OCCUPIED AND EXISTING QUONSET HUT CAN BE REMOVED. WITH DIRECT ACCESS TO HWY 40 THIS SITE IS A GREAT STAGING POINT TO SUPPORT ANY LOCAL ENDEAVOURS. PLEASE CONTACT LISTING REALTOR FOR MORE INFORMATION. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

145,583

Households

57,642

Median income

$118,500

Median age

33.3

Daytime population

147,224

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 461 Scott ROAD, 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.