Business For Sale · Industrial

18 MAIN LEVEL - 587 HANLON CREEK BOULEVARD, Guelph (Kortright Hills)

18 MAIN LEVEL - 587 HANLON CREEK BOULEVARD, Guelph (Kortright Hills), ON N1C0A1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

83%

Clear height

31 ft

Loading docks

7

About this property

* NO TMI *Move in ready. City Permitted. Brand New Plaza in well developed city of Guelph. **Accessible washroom. **Kitchenet *Permitted Uses: Professional Office, Showroom, Warehouse, Manufacturing, Medical Store Or Clinic, Training Facility, Commercial School, Laboratory Or Research Facility, Print Shop. * Flexible Commercial & Industrial Space. * Strategically Located In South Guelph, Hanlon Creek Business Park.* Very nearby Hwys (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

96,873

Households

45,531

Median income

$97,000

Median age

31.9

Daytime population

95,373

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 18 MAIN LEVEL - 587 HANLON CREEK BOULEVARD, Guelph (Kortright Hills).

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.