For Lease · Land

2 - 6029 OLD SCUGOG ROAD, Clarington

2 - 6029 OLD SCUGOG ROAD, Clarington, ON L1C3K2

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

88%

About this property

Land for Lease. Outside Storage. Located Close To Highway 407, Highway 418, and Easy Access To Highway 115. Security Cameras In Place. This Listing Is For 11,484 Square Feet (116 X 99). Other Configurations Are Available. Suitable For Equipment Storage, Fleet Parking, Etc. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

90,453

Households

31,197

Median income

$135,000

Median age

39.3

Daytime population

97,736

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 2 - 6029 OLD SCUGOG ROAD, Clarington.

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.