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$17 per sq ft / yr
—
Asset Class
Office
Size
—
Building class
B
Zoning
CO — Commercial Office
$ / SF
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Occupancy
93%
Prime 2,575 sq.ft. commercial leasing opportunity in a well-maintained, secure, and updated building at 1111 Victoria Avenue East. This 12,000 sq. ft. plaza is home to several successful, long-term businesses and benefits from strong foot traffic and excellent visibility. Ideally located close to major amenities, shopping, and services, with significant future growth potential as Victoria Avenue continues to redevelop and the nearby mall site is transformed. Recent upgrades include HVAC, lighting, roof, and other major building systems, providing peace of mind for tenants. A high-exposure location with strong surrounding businesses, steady traffic, and long-term upside. Perfect for businesses looking to grow in a proven commercial corridor. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-0.24%
DSCR
0.99
Going-in cap
5.47%
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.
Trade area within 3 miles of the property.
Population
86,394
Households
36,572
Median income
$70,000
Median age
38.5
Daytime population
94,647
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 106-107 - 1111 VICTORIA AVENUE E, Thunder Bay (McKeller Park).
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.