1/10965 OLD GLASS ROAD, Chatham-Kent (Wallaceburg)
965 OLD GLASS ROAD, Chatham-Kent (Wallaceburg), ON N8A3T1
$264,900 total
3,000 SF
Asset Class
Retail
Size
3,000 SF
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
$88
Occupancy
83%
About this property
Well-maintained 3,000 sq. ft. building set on a freehold lot spanning 6,600 sq. ft. Featuring a bright retail area, warehouse space, grade level shipping door, staff lunch room, and customer parking. Just 3 minutes from Walmart, Canadian Tire, Shoppers Drug Mart, and Dollarama. The area is experiencing growth with the new residential development on Westcourt Boulevard. Situated on highway 40 with direct connections to highway 401 and highway 402. Strategically located in Chatham-Kent, with an estimated population of 113,000 residents. Business is not for sale. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$13K
Annual cash flow
$-2K
Cash-on-cash
-2.38%
DSCR
0.87
Going-in cap
4.83%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 1,100 SF | 2030-12 |
| Halcyon Wealth Partners | 613 SF | 2030-12 |
| Halcyon Wealth Partners | 762 SF | 2030-12 |
Area demographics
Trade area within 3 miles of the property.
Population
105,476
Households
48,039
Median income
$113,000
Median age
34.9
Daytime population
178,535
5-yr growth
3.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 965 OLD GLASS ROAD, Chatham-Kent (Wallaceburg).
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.