For Lease · Retail

1 - 21 ESSA ROAD, Barrie (Allandale Centre)

1 - 21 ESSA ROAD, Barrie (Allandale Centre), ON L4N3K4

$16.95 per sq ft / yr

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

100%

About this property

Prime end-cap commercial opportunity in an established Essa Road plaza, offering approximately 3,000 sq. ft. on the main floor plusapproximately 800 sq. ft. of finished lower-level space included at no additional base rent. Available as one complete premises or divisibleaccording to tenant requirements, with potential configurations of approximately 1,000 and 2,000 sq. ft. Extensive glass frontage, prominentcorner exposure, strong signage opportunities and convenient on-site parking provide excellent visibility and accessibility for customers andstaff. The existing premises feature reception and work areas, glass-partitioned offices, a full kitchen/staff area, three washrooms including anaccessible washroom, and wheelchair-ramp access. The lower level provides valuable additional space for ancillary storage or business supportuse. Directly across from the Allandale Transit Terminal and minutes from the Allandale Waterfront GO Station, downtown Barrie, the waterfrontand Highway 400. Suitable for a variety of retail, showroom, medical, wellness, educational and service-commercial uses, subject to zoning andapplicable approvals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.19%

DSCR

1.06

Going-in cap

5.90%

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

75,075

Households

33,625

Median income

$111,000

Median age

34.3

Daytime population

119,698

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 1 - 21 ESSA ROAD, Barrie (Allandale Centre).

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.