Business For Sale · Industrial

6146 MALDEN ROAD, LaSalle

6146 MALDEN ROAD, LaSalle, ON N9H1S8

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

97%

Clear height

26 ft

Loading docks

2

About this property

This retail complex is situated on a site totalling approximately 1.086 acres at the corner of Malden Road and Omira Street. The property has superior access while also offering tenants exceptional signage opportunities. total square footage available approx. 2061. The Landlord will demise. The property is strategically situated in the town of LaSalle, Ontario, and approx. 4.7 kilometers to St Clair College. The property has an excellent location with frontage of 226 feet on Malden Road, which offers prominent exposure to vehicular traffic along one of the busiest arterial roads in LaSalle, and within proximity to other national retailers. The site offer sufficient parking with approximately 55 parking stalls for retail users. Call for more details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

137,757

Households

55,544

Median income

$91,000

Median age

42.2

Daytime population

192,895

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 6146 MALDEN ROAD, LaSalle.

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.