For Lease · Industrial

1290 ARVIN Avenue Unit# 3, Hamilton

1290 ARVIN Avenue Unit# 3, Hamilton, ON L8E0H7

$14.5 per sq ft / yr

2,000 SF

Asset Class

Industrial

Size

2,000 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

82%

Clear height

20 ft

Loading docks

6

About this property

Small bay industrial unit for lease offering 2,000 SF of clean warehouse space with a large drive in loading door, ideal for small and growing businesses. Featuring 20 ft clear height with a functional layout comprised of 5% office and 95% warehouse space, the unit is well suited for a wide variety of uses. Strategically located with quick access to the QEW, providing efficient access for shipping, commuting, and day to day operations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.38%

DSCR

1.02

Going-in cap

5.66%

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
Aurora Legal LLP746 SF2029-09
Aurora Legal LLP407 SF2029-09
Aurora Legal LLP400 SF2029-09
Aurora Legal LLP400 SF2029-10

Area demographics

Trade area within 3 miles of the property.

Population

106,805

Households

50,002

Median income

$106,000

Median age

33.9

Daytime population

178,664

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 1290 ARVIN Avenue Unit# 3, 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.