For Lease · Specialty

148 PLEASANT RIDGE Road, Brantford

148 PLEASANT RIDGE Road, Brantford, ON N3R0B8

Price on request

3,400 SF

Asset Class

Specialty

Size

3,400 SF

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

93%

Lot Size

1.52 ac

About this property

Discover 3,400 square feet of available space for lease in a quiet country setting, ideally suited for tenants seeking secure and functional storage space. The spacious layout offers exceptional flexibility, making it an excellent solution for businesses requiring ample room for inventory, equipment, materials, or seasonal storage. The interior is designed for durability and practicality, featuring concrete flooring, corrugated metal walls, and multiple overhead fluorescent light fixtures that provide bright, even illumination throughout the space. Multiple bay doors provide convenient access for moving stored materials, enhancing the functionality of the space. The expansive floor plan allows for efficient organization and easy access, accommodating a variety of storage requirements with ease. This well-maintained property combines generous square footage with a peaceful rural location, providing a practical and cost-effective storage solution away from the congestion of urban industrial areas. A rare leasing opportunity offering outstanding value, functionality, and the flexibility to meet a wide range of storage needs. The Landlord is seeking a tenant whose intended use of the premises is exclusively for storage purposes. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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 LLP3,176 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

117,619

Households

41,482

Median income

$67,000

Median age

40.3

Daytime population

158,502

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 148 PLEASANT RIDGE Road, Brantford.

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.