For Lease · Industrial

14 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial)

14 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial), ON L6T4J2

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

94%

Lot Size

1600 ac

Clear height

30 ft

Loading docks

9

About this property

Rare Opportunity to Lease an M2 Zoned Commercial Unit! Excellent location in one of the area's most established automotive business districts. A great opportunity to start a new business or expand your existing one. The M2 zoning allows for a variety of uses, Warehousing, Machine Shop and automotive-related uses, mechanic shop, auto parts sales, vehicle accessories, and many other permitted uses (tenant to verify permitted use with the municipality).The unit features a separate front entrance leading to the office/reception area and a separate rear entrance to the garage, providing convenient access for both customers and vehicles. Located in a busy commercial area with excellent exposure and steady walk-in and drive-by traffic. Close to major roads . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

130,723

Households

50,785

Median income

$88,500

Median age

44.7

Daytime population

175,484

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 14 - 227 ADVANCE BOULEVARD, Brampton (Steeles Industrial).

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.