For Lease · Office

A - B1 - 566 BRYNE DRIVE, Barrie (400 West)

A - B1 - 566 BRYNE DRIVE, Barrie (400 West), ON L4N9P6

$16.5 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

84%

About this property

2757 sf unit available in south Barrie. Ideal for any kind of office/retail space. Located on the corner of Bryne Drive & Mills Road. Minimum 5 year Lease. Excellent signage and parking. Close to Hwy 400 access, Walmart, Galaxy Cineplex, Shopping, Restaurants and Park Place. $16.50/sf/yr + Tmi $7.64/sf/yr + Hst. Tenant Pays Utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.50%

DSCR

0.92

Going-in cap

5.09%

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

59,961

Households

24,804

Median income

$80,500

Median age

42.5

Daytime population

101,187

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for A - B1 - 566 BRYNE DRIVE, Barrie (400 West).

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.