For Lease · Specialty

26 Pettingill Road Unit# C, Quispamsis

26 Pettingill Road Unit# C, Quispamsis, NB E2E3R6

Price on request

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

Year Built

2009

Lot Size

1 ac

About this property

Commercial Space for Lease 26 Pettingill Rd., Unit C, Quispamsis Prime commercial space located in the heart of the Quispamsis business district, offering high traffic, excellent visibility, and ample parking. This 1,890 sq. ft. unit features a large open area with hardwood flooring across much of the space and painted concrete in the remainder. It includes a full kitchen with appliances, three bathrooms, and a storage area conveniently located near the back entrance. A new heat pump (installed in 2025) provides efficient climate control. Tenant responsibilities include electricity and maintenance of the front entrance planters. Available immediately. Minimum 3-year lease required, with longer-term lease preferred. First month rent is free. An additional adjoining unit (Unit D), also 1,890 sq. ft., is available for lease. The dividing wall between the two units could be removed to accommodate a tenant requiring a larger combined space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

69,984

Households

27,401

Median income

$66,500

Median age

41.1

Daytime population

86,224

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 26 Pettingill Road Unit# C, Quispamsis.

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.