For Lease · Retail

6 - 7 ALWAY ROAD, Hamilton (Binbrook)

6 - 7 ALWAY ROAD, Hamilton (Binbrook), ON L0R1C0

$32 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

93%

About this property

Excellent Leasing Opportunity In The Growing Binbrook Community! Welcome To Unit 6 At 7 Alway Road, Hamilton, A Versatile Commercial Retail Unit Located In A Modern Plaza Serving The Rapidly Expanding Binbrook Area. This Space Offers Excellent Potential For A Wide Variety Of Professional, Medical, Retail, Food And Service-Based Businesses. Suitable Uses May Include: Doctor's Office, Walk-In Clinic, Physiotherapy/Chiropractic Clinic, Hearing Aid Clinic, Veterinary Clinic, Salon, Barber Shop, Nail Salon, Tutoring Centre, Private School (No Daycare), Music Lessons, Martial Arts Gym, Real Estate Office, Law Office, Insurance Office, Dry Cleaners, Flower Shop, Grocery Store, Ice Cream Shop, Bar, Coffee Shop, Sandwich Shop, Pizza Restaurant, Indian Restaurant, South Indian Restaurant, Hakka Chinese Restaurant, Breakfast Restaurant, Chicken Wing Restaurant, Shawarma Restaurant And More. An Excellent Opportunity For Business Owners And Professionals Looking To Establish Or Expand Their Presence In One Of Hamilton's Growing Communities. Don't Miss This Opportunity To Secure A Commercial Space In Binbrook. All Uses Are Subject To Applicable Zoning, Municipal Requirements And Landlord Approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$32
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-0.09%

DSCR

1.00

Going-in cap

5.52%

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

53,125

Households

21,376

Median income

$89,500

Median age

44.4

Daytime population

78,379

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 6 - 7 ALWAY ROAD, Hamilton (Binbrook).

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.