For Sale · Industrial

P (MEZZANINE) - 576 BRYNE DRIVE, Barrie (400 West)

P (MEZZANINE) - 576 BRYNE DRIVE, Barrie (400 West), ON L4N9P6

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

89%

Lot Size

850 ac

Clear height

28 ft

Loading docks

10

About this property

576 sq. ft. of versatile end-unit commercial space** ideally suited for a range of retail, office, professional, or commercial uses. Offering a functional layout, excellent accessibility, and a highly convenient location, this space provides an attractive opportunity for businesses seeking a well-positioned and adaptable premises. The unit features a thoughtfully designed combination of **private offices and open-concept areas**, allowing for a variety of configurations to suit your business requirements. **Furniture may be available for tenant use**, providing added convenience for a seamless transition into the space. Kitchen and Washroom facilities are also available within the unit. Situated in a **highly accessible commercial area**, the property is conveniently located near **Walmart, Galaxy Cinemas, major shopping centres, restaurants, and other amenities**, with **quick and easy access to Highway 400**. **Additional office space is also available for sublease**, and the total square footage may be flexible depending on the tenant's requirements. An excellent opportunity for businesses looking for **flexible space, convenience, and a strategic commercial location**. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

63,314

Households

22,831

Median income

$103,000

Median age

43.2

Daytime population

61,827

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for P (MEZZANINE) - 576 BRYNE DRIVE, Barrie (400 West).

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.