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For Lease · Retail

270 TELEGRAPH STREET, Alfred and Plantagenet

270 TELEGRAPH STREET, Alfred and Plantagenet, ON K0B1A0

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

87%

About this property

Telegraph rental comments Excellent opportunity to lease over 3,100 sq. ft. of prime main-floor commercial space in the heart of Alfred for $3,000 per month! Previously occupied by the National Bank of Canada for many years, this high-visibility location offers excellent exposure along the main street and is ideal for retail, professional offices, or a variety of business ventures. The spacious open-concept layout features a large reception and retail area with ample counter space, plenty of natural light, four private offices, central air conditioning, forced-air heating, and wheelchair accessibility. Conveniently located near other local businesses, retailers and residential neighborhoods, with plenty of street parking directly in front of the building. Ideally situated approximately 20 minutes from Hawkesbury, 25 minutes from Rockland, and within an hour of Ottawa, Montreal, Cornwall and the U.S. border. A fantastic opportunity to establish or expand your business in a well-located commercial space. Rent: $3,000/month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

141,324

Households

50,766

Median income

$112,500

Median age

35.1

Daytime population

164,333

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 270 TELEGRAPH STREET, Alfred and Plantagenet.

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.