
508 RIVERBEND Drive Unit# 1 A-C, Kitchener, ON N2K3S2
Price on request
409 SF
Asset Class
Office
Size
409 SF
Building class
C
Zoning
CO — Commercial Office
$ / SF
—
Occupancy
91%
** Your Sandbox Co-Working Space, Prime Commercial Space for Lease ** Unlock the potential of your business in this exceptional 409 sq ft office space located on the 2nd floor of the vibrant Your Sandbox Co-Working environment. Designed for productivity and creativity, this corner office is the perfect setting for entrepreneurs, freelancers, and small teams looking to thrive in a collaborative atmosphere. Enjoy a well-thought-out layout that seamlessly incorporates 2 workstations and a separate office area, optimizing your workspace for efficiency and comfort. Large windows flooding the space with natural light. 24/7 security, ensuring peace of mind and safety for you and your team. The property boasts ample surface parking, making it easy for you, your employees, and clients to access your office without hassle. Many onsite amenities including meeting rooms, 100 seat theatre with full audio/visual system, golf simulator, a videocasting area and fitness centre! Become part of a dynamic community at Your Sandbox, where networking opportunities abound, and collaboration flourishes. Share ideas, innovations, and experiences with like-minded professionals in an inspiring and supportive environment. (id:66811)
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Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 400 SF | 2028-01 |
Trade area within 3 miles of the property.
Population
136,491
Households
58,482
Median income
$64,500
Median age
37.4
Daytime population
140,099
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 508 RIVERBEND Drive Unit# 1 A-C, Kitchener.
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.