For Lease · Land

277 ROCK CHAPEL ROAD, Hamilton

277 ROCK CHAPEL ROAD, Hamilton, ON L9H5E2

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

About this property

Rare opportunity to lease versatile warehouse / agricultural-industrial space in prime Flamborough location near Hwy 5, Hwy 6 and Hwy 403. Approx. 12,000 Sq.Ft. available with 16.5 ft clear height, loading access, ample parking and flexible layout options. Ideal for warehouse, contractor shop, landscaping business, equipment storage, e-commerce fulfillment, indoor farming, mushroom cultivation, hydroponics, microgreens, food processing, cool storage, produce storage, RV/boat storage, sports training, studio space and other permitted uses. Three-phase power and rural setting provide excellent flexibility for a wide range of business operations. Additional outside land may be available. Competitive lease rate for large flexible space in Hamilton area. Rare multi-use opportunity with excellent accessibility to GTA and surrounding markets. Additional Details: 1. The barns existing structure allows tenants to modify or customize the interior based on their specific needs, at their own expense. 2. The lease is priced at $5.50 per square foot, per year, no any extra fees. Tenants will be responsible for all utility costs. 3. Approximately 6-7 acres of workable land are available for lease at the rear of the barn. If desired, the land can be rented at a negotiable rate. 4. Application Requirements: Completed rental application, credit and financial verification, employment letter and recent pay stubs or proof of income, and references. Only qualified applicants will be considered. Contact today to arrange a viewing and secure this exceptional space 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
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

68,450

Households

32,324

Median income

$112,500

Median age

36.8

Daytime population

68,431

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 277 ROCK CHAPEL ROAD, 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.