For Sale · Industrial

5905 Malden ROAD Unit# 8, LaSalle

5905 Malden ROAD Unit# 8, LaSalle, ON N9H1S6

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

90%

Clear height

18 ft

Loading docks

14

About this property

Do not miss this rare opportunity at 5905 Malden Road in the heart of LaSalle. This stand alone 1600 sq. ft. currently retail building has amazing exposure and close to everything LaSalle has to offer including restaurants, banks, retail, professionals, grocery stores, day cares etc. the list is endless! Landlord is looking for a 5 year lease with an option to extend an additional 5 years. Tenant to pay their own utilities (gas, hydro, water). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

121,176

Households

42,246

Median income

$137,500

Median age

40

Daytime population

142,156

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 5905 Malden ROAD Unit# 8, LaSalle.

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.