For Sale · Industrial

13 - 647 WELHAM ROAD, Barrie (400 East)

13 - 647 WELHAM ROAD, Barrie (400 East), ON L4N0B7

Price on request

1,977 SF

Asset Class

Industrial

Size

1,977 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

90%

Clear height

31 ft

Loading docks

9

About this property

Ideal for construction company servicing numerous new home development/construction in the area. Newly renovated, professional office, retail plus warehouse space. Mins. to 400 HWY and Mapleview Dr., close to Park Place, Costco and other major retail outlets and manufacturers. Zoned provides for many uses- GI (General Industrial), see attached Zoning ByLaws for permitted uses.Two exterior dedicated parking places in front and two in the back, plus one bay parking, additional parking available. Drive through bay door is 14' x'12 open to warehouse with 18' ceiling, plus one mandoor. A total of 1977 sq ft including 2nd floor. Two private offices on the second floor plus large open boardroom or additional open office space. GI Zoning Bylaw attached. Landlord will consider Selling unit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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 LLP848 SF2030-03
Aurora Legal LLP939 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

46,136

Households

18,322

Median income

$126,500

Median age

37.8

Daytime population

65,899

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 13 - 647 WELHAM ROAD, Barrie (400 East).

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.