For Lease · Industrial

G - I - 112 COMMERCE PARK DRIVE, Barrie (400 West)

G - I - 112 COMMERCE PARK DRIVE, Barrie (400 West), ON L4N8W8

$15.75 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

83%

Clear height

28 ft

Loading docks

5

About this property

9,858 sf Industrial space in busy south Barrie. Large windows and accessible from Veterans Drive and Mapleview Dr. Ideal for warehouse, light industrial, showroom, service commercial, or distribution uses. 4 Drive in doors (14' x 12'). Additional 2nd floor mezzanine space of 3,554 sf at $450/mo/yr + $150/mo/yr escalations. Divisible. $15.75/sf/yr & Tmi at $5.61/sf/yr + Hst, utilities. Base rent yearly escalations of $0.50/sf/yr. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-0.90%

DSCR

0.95

Going-in cap

5.27%

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

56,299

Households

22,828

Median income

$108,500

Median age

45.7

Daytime population

90,467

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for G - I - 112 COMMERCE PARK DRIVE, Barrie (400 West).

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.