For Lease · Specialty

132 KING Street, Delhi

132 KING Street, Delhi, ON N4B1X8

$13.5 per sq ft / yr

1,609 SF

Asset Class

Specialty

Size

1,609 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

96%

About this property

Welcome to the next stop in the real estate boom, the beautiful town of Delhi. Delhi carries the feeling of a small town with the resources of a larger one, and on an exponential plan for growth this is where you want to be. Expecting hundreds of new development houses coming in the years to come. With the boarders of Simcoe and Tillsonburg pouring over into Delhi, this cozy town is on the edge of a major turning point in it's history and is about to be on everyones radar even more. The time to get started and be apart of this growth, is NOW. Step into 132 King Street, in arguably one of the best locations the town has to offer, in the heart of downtown on King Street/Hwy #3 next to Main Street the flow of traffic never stops, offering infinite exposure and visibly for your business. This building is to be built adding a modern touch to the downtown core, with beautiful sharp lines and impressive curb appeal, sure to turn the heads of everyone passing by. With CBD zoning this space offers almost limitless possibilities for what it can be used for. The shell will be finished first and then will be offering tenant fit out, turn this space into your own vision and start the next chapter in your business plan, Today. (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

5.23%

DSCR

1.28

Going-in cap

7.11%

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)

TenantAreaExpiry
Blue Harbour Design798 SF2032-02
Blue Harbour Design740 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

66,432

Households

29,199

Median income

$85,000

Median age

44.9

Daytime population

96,036

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 132 KING Street, Delhi.

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.