For Sale · Industrial

133 NORTH PORT ROAD, Scugog (Port Perry)

133 NORTH PORT ROAD, Scugog (Port Perry), ON L9L0B7

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

89%

Clear height

22 ft

Loading docks

4

About this property

Lease includes approximately 2,922 sq. ft. of space, consisting of 2,322 sq. ft. of industrial warehouse/shop space and 600 sq. ft. of office space. Main building features approximately 18 ft. clear height, with ceilings approaching 20 ft., a large drive-in bay door suitable for trucks and equipment, and a mezzanine at one end for additional storage. Also included are a separate office, lunchroom with seating area and washroom. Ample front parking for 10+ vehicles. Alarm system available for activation at tenant's expense. Security camera access may be arranged with North Port Storage. Snowplowing included in lease. Additional gated outdoor storage area available for an extra fee. Tenant responsible for all utilities. Property serviced by well and septic. Available January 1, 2027. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

132,956

Households

61,619

Median income

$134,000

Median age

35.6

Daytime population

136,850

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 133 NORTH PORT ROAD, Scugog (Port Perry).

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.