For Lease · Land

4354 DRUMMOND ROAD, Niagara Falls (Cherrywood)

4354 DRUMMOND ROAD, Niagara Falls (Cherrywood), ON L2E6S3

$3 per sq ft / yr

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Asset Class

Land

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

About this property

Rare opportunity to lease vacant commercial land on the bustling Drummond Road in the north end of Niagara Falls.Situated near Stamford Centre, this prime property boasts high traffic and excellent accessibility, featuring an impressive 118.58 feet of frontage and a depth of 201.44 feet, totaling 23,906.62 square feet (0.549 acres). With over half an acre of land, the possibilities for development are limitless. The owner is open to entertaining a long-term lease, making this an ideal opportunity for those looking to establish or expand their business in a thriving location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3
Down payment30% · $1
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

43,529

Households

15,590

Median income

$80,500

Median age

40.3

Daytime population

37,596

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 4354 DRUMMOND ROAD, Niagara Falls (Cherrywood).

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.