Business For Sale · Industrial

16 - 774 RYE STREET, Peterborough (Otonabee Ward 1)

16 - 774 RYE STREET, Peterborough (Otonabee Ward 1), ON K9J6W9

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

97%

Clear height

33 ft

Loading docks

14

About this property

Approximately 3,246 square feet of M3.2 Zoned Industrial Space in a well maintained Industrial Condo in great location. Only minutes from The Parkway and Hwy 115. Unit includes a small office area, large warehouse space with approximately 14 feet clear heights, a 8 x 10 Truck Level Overhead Door and plenty of on site parking. Additional Rent Estimated at $2.63 per square foot with utilities (hydro, gas, water) in addition and metered to Tenant. Unit has 200 amp service with potential for up to 600 amp service at Tenant expense. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

94,477

Households

41,651

Median income

$125,500

Median age

37.7

Daytime population

134,127

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 16 - 774 RYE STREET, Peterborough (Otonabee Ward 1).

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.