1/502040 FASAN DRIVE, Tecumseh
2040 FASAN DRIVE, Tecumseh, ON N0R1L0
$1.9M total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
90%
Clear height
33 ft
Loading docks
6
About this property
Approx. 9,937 sq ft clean, versatile, free-standing industrial building in Oldcastle on a 1.04-acre site. Based on iGUIDE measurements, the building offers approx. 7,290 sq ft of warehouse and storage space, including an upper storage mezzanine, and 2,650 sq ft of office space across two levels. The shop features approx. 20 ft ceilings, 1 truck dock, 1 grade-level overhead door, and 3-phase, 600-volt, 225-amp power. Fully fenced and asphalted rear compound with room for expansion. M1 zoning permits a variety of uses, including truck terminals, light fabrication, parts manufacturing, welding shops, and auto/truck repair garages. Contact L/A for more information. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$84K
Annual cash flow
$-20K
Cash-on-cash
-3.57%
DSCR
0.81
Going-in cap
4.47%
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
103,870
Households
38,112
Median income
$106,000
Median age
43.7
Daytime population
105,172
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2040 FASAN DRIVE, Tecumseh.
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.