For Lease · Industrial

1501 HOWARD Unit# 102, Windsor

1501 HOWARD Unit# 102, Windsor, ON N8X3T5

$10 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

88%

Clear height

36 ft

Loading docks

12

About this property

WELCOME TO 1501 HOWARD AVENUE IN WINDSOR ONTARIO! A MODERN UPDATED PLAZA IN THE HEART OF WINDSOR, ONTARIO. UNIT 102 WAS PREVIOUSLY USED AS A SALON BUT OFFERS A WIDE RANGE OF USE WITH CD2.1 ZONING. FRONT FACING HOWARD AVENUE WITH BIG WINDOWS. FEATURING 2729 SQUARE FEET. BIG OPEN SPACE PERFECT FOR CUSTOMIZING, WITH OFFICES ON THE SOUTH SIDE OF THE UNIT. OPPOSITE SIDE HAS KITCHEN AREA AND A WASHROOM. THIS UNIT WOULD BE A GREAT RETAIL SPACE WITH TWO ENTRANCES OFF HOWARD AVE. PLENTY OF PARKING AVAILABLE ON SITE. PREMIUM LOCATION, WITH HOWARD AVENUE'S HIGH TRAFFIC VOLUME. MANY BIG BOX STORES CLOSE BY; STARBUCKS, SHOPPER DRUG MART AND BIG GROCERY STORES HAVE THRIVED IN THIS AREA FOR YEARS! CALL ANDREW F MACLEOD SALES REPRESENTATIVE AT 519-300-7093 TO SCHEDULE A PRIVATE SHOWING. (id:66811)

Financial sandbox

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Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

10.86%

DSCR

1.59

Going-in cap

8.80%

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

42,228

Households

16,991

Median income

$80,000

Median age

39.3

Daytime population

48,175

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 1501 HOWARD Unit# 102, Windsor.

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.