Business For Sale · Industrial

1620 Chaplin STREET W, Swift Current

1620 Chaplin STREET W, Swift Current, SK S9H0H2

Price on request

3,150 SF

Asset Class

Industrial

Size

3,150 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

83%

Year Built

1986

Clear height

29 ft

Loading docks

5

About this property

Prime lease opportunity at 1620 Chaplin! This versatile 90' x 35' building offers great street presence with a storefront and a large reception area, a private office, staff room, mechanical room and a 2-piece washroom up front. The staff room opens directly into the shop, making it easy to run both sides of your business. The shop features four large bays with 12' x 14' overhead doors, an interior wash bay, a floor drain running across the front, a second 2-piece washroom, and a mezzanine for extra storage. It's heated by a forced-air overhead heater combined with some in-floor heat. A commercial-grade air compressor is plumbed into the building, with water and air lines placed throughout the shop. Sitting on 2 large lots in a fantastic West Industrial location, with easy access to Highways 1 and 4 and the railway, this space is ready for your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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 Logistics2,615 SF2028-08

Area demographics

Trade area within 3 miles of the property.

Population

47,022

Households

16,903

Median income

$99,000

Median age

31.7

Daytime population

40,362

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 1620 Chaplin STREET W, Swift Current.

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.