For Lease · Retail

8358 DALE ROAD, Hamilton Township

8358 DALE ROAD, Hamilton Township, ON K9A4J7

$13.75 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

89%

About this property

8358 Dale Rd., Cobourg, Unit 3 offers approximately 1,675 sq.ft. of beautifully renovated commercial space in a professional, well-maintained plaza just minutes from Cobourg. Bright and inviting, the unit features large windows, excellent road exposure, prominent signage opportunities, updated finishes, durable epoxy floors and an overhead door for convenient loading and deliveries. Forced-air natural gas heating and central air provide year-round comfort, while a working security system adds peace of mind. Ideally located at the corner of Dale Road and County Road 18 approximately five minutes from Cobourg, with convenient access for staff, customers and deliveries. Hamlet Industrial zoning allows for a variety of potential uses, including manufacturing, processing, warehousing and storage, merchandising service shops and research facilities, along with certain accessory uses. A clean, versatile and move-in-ready commercial space in a great location with excellent visibility. (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

3.11%

DSCR

1.17

Going-in cap

6.47%

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.

Area demographics

Trade area within 3 miles of the property.

Population

106,412

Households

46,854

Median income

$131,500

Median age

38.9

Daytime population

118,880

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 8358 DALE ROAD, Hamilton Township.

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.