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Price on request
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
84%
Lot Size
4.49 ac
Clear height
35 ft
Loading docks
13
This property is located in the most sought after industrial park in the City of Peterborough. Major Bennett Industrial Park is located next to Hwy.115 and Hwy no.7 East. The property is 4.5 acres in size with a 25,500 sq. ft. building. The building was purpose built as an industrial office building for Luftansa Airline. It is currently completely finished as an industrial office, however landlord will renovate building into 5,000-20,000 sq. ft. units fitted to tenants needs. Space would be perfect for shipping and receiving, wholesale, light manufacturing and many other uses. Please see zoning bylaw permitted uses listed under documents. TMI is approximately $6.00/sq. ft. for first year and will be adjusted annually based upon accountants review. Tenants pay own utilities. Zoning bylaw permitted uses, site plan and floor plan are available. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$68K
Annual cash flow
$-15K
Cash-on-cash
-3.26%
DSCR
0.82
Going-in cap
4.56%
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.
Trade area within 3 miles of the property.
Population
89,674
Households
38,895
Median income
$110,000
Median age
31.6
Daytime population
81,823
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for B - 1900 FISHER DRIVE, Peterborough (Otonabee Ward 1).
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.