Business For Sale · Office

43732 TALBOT LINE, Central Elgin

43732 TALBOT LINE, Central Elgin, ON N5P3S7

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

84%

Lot Size

1.45 ac

About this property

Prime commercial leasing opportunity at 43732 Talbot Line, St. Thomas! Featuring approximately 1.45 acres of land and 3,500 sq. ft. of building space, this versatile property offers outstanding Highway 3 visibility, existing office facilities, additional building space and ample on-site parking. Strategically positioned near the Volkswagen PowerCo EV Battery Gigafactory, currently under construction, and conveniently connected to St. Thomas and major transportation routes. CI-22(A) zoning provides flexibility for a wide range of potential business operations, including contractor's yard, equipment rental, light industrial, warehousing, indoor storage, transportation depot, industrial supply outlet and office uses, subject to zoning requirements. An excellent opportunity to establish or expand your business in a rapidly developing commercial and industrial area. Tenant to verify all permitted uses, building measurements and necessary municipal approvals with the Municipality of Central Elgin. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

117,653

Households

46,157

Median income

$80,000

Median age

40.9

Daytime population

182,375

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 43732 TALBOT LINE, Central Elgin.

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.