Business For Sale · Land

4216 WATERWORKS ROAD, Petrolia

4216 WATERWORKS ROAD, Petrolia, ON N0N1R0

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

83%

Lot Size

2 ac

About this property

TRUCK & TRAILER PARKING & STORAGE AVAILABLE FOR MONTHLY LEASE! PARK YOUR TRUCK & TRAILER SECURELY IN OUR FACILITY IN THE HEART OF THE AGRICULTURAL & INDUSTRIAL SECTOR OF PETROLIA. LOCATED ON THE CORNER OF WATERWORKS & PETROLIA LINE, 15 MIN FROM HWY #402 ACCESS & BLUEWATER BRIDGES CROSSING (US BORDER). COMPLETELY SECURED BY FENCE & GATE, LOCKED BY 5PM, CAMERA MONITORED. PROMINENT "LAMBTON FLEET MAINTENANCE INC." HEAVY TRUCK & TRAILER REPAIR FACILITY IS CONVENIENTLY LOCATED ON SITE FOR ALL YOUR TRUCK NEEDS. MONTHLY PRICE IS: $150.00 + HST. TRUCK & TRAILER ATTACHED IS: $200.00 PER MONTH + HST. (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

44,552

Households

15,951

Median income

$97,500

Median age

32

Daytime population

48,676

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 4216 WATERWORKS ROAD, Petrolia.

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.