For Lease · Specialty

230 ANCHOR Road Unit# 5, Hamilton

230 ANCHOR Road Unit# 5, Hamilton, ON L8W3R2

$15 per sq ft / yr

1,800 SF

Asset Class

Specialty

Size

1,800 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$0

Occupancy

95%

Lot Size

2.04 ac

About this property

Well situated open space, close proximity to the Linc/Redhill. Offers 10 feet glass garage door for easy access to unit. Presently being used as a sign business. The zoning is M3 which offer a wide range of uses . TMI ($ 7.00 psf). This is a very well maintained plaza. This property is located across from the C Hotel by Carmen. Final note there is plenty of parking as well. Hard to find. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.64%

DSCR

1.14

Going-in cap

6.33%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics667 SF2028-11
Northbridge Logistics404 SF2027-11
Northbridge Logistics634 SF2027-11

Area demographics

Trade area within 3 miles of the property.

Population

127,904

Households

60,357

Median income

$97,000

Median age

42.2

Daytime population

185,832

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 230 ANCHOR Road Unit# 5, Hamilton.

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.