Business For Sale · Industrial

BUILDING B - 770 GLENGARRY CRESCENT, Centre Wellington (Fergus)

BUILDING B - 770 GLENGARRY CRESCENT, Centre Wellington (Fergus), ON N1M3W1

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

98%

Clear height

31 ft

Loading docks

13

About this property

Brand new 10,000 SQFT Sq Ft divisible industrial commercial building available for lease, scheduled for completion by the end of September 2027. This versatile space can be divided into up to five separate units, each approximately 2,000 SQFT. Features 12 ft high bay doors. Zoned M1/M2 these units are ideal for a wide range of industrial or commercial uses, the property offers plenty of on-site parking with space for up to 30 vehicles. Secure your unit early and take advantage of the opportunity to customize your space before construction is complete. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

41,785

Households

14,569

Median income

$94,500

Median age

42.8

Daytime population

60,071

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for BUILDING B - 770 GLENGARRY CRESCENT, Centre Wellington (Fergus).

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.