For Lease · Industrial

2 - 97 ARDELT AVENUE, Kitchener

2 - 97 ARDELT AVENUE, Kitchener, ON N2C2E1

$9.95 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

99%

Lot Size

24069 ac

Clear height

29 ft

Loading docks

3

About this property

97 Ardelt Avenue, Kitchener. Industrial space for lease in four configurations. Clear height 16 ft 7 in to deck. Power 400 amps, 600 volts, 3 phase. Fully sprinklered building. Zoned EMP 2 (General Industrial), permitting manufacturing, warehousing, trades and industrial services. Loading ranges from 1 dock level door and 1 drive in door up to 3 truck level doors and 3 drive in doors (10 ft x 12 ft), depending on configuration. (id:66811)

Financial sandbox

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Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

14.70%

DSCR

1.80

Going-in cap

9.95%

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

101,137

Households

46,420

Median income

$118,000

Median age

34.8

Daytime population

93,860

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 2 - 97 ARDELT AVENUE, Kitchener.

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.