For Lease · Land

412569 CRANBERRY LINE, South-West Oxford

412569 CRANBERRY LINE, South-West Oxford, ON N4G4G8

Price on request

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

0.85 ac

About this property

Available for lease - well-maintained 3,000 sq. ft. commercial unit offering functional storage space in a convenient location. Ideally situated just minutes from Tillsonburg and within 20 minutes of Highway 401, the unit provides excellent accessibility for local and regional operations. Due to current zoning restrictions, the unit is available for storage use only and is ideal for businesses requiring secure warehouse or inventory storage space. Features included a 12' x 12' drive-in overhead door for easy loading and unloading, a 10' x 15' walk-in cooler, two private office spaces, a washroom, and plenty of parking. Utilities are in addition to the monthly rent. Landlord is seeking a responsible long-term tenant who will take pride in maintaining this quality space. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

89,025

Households

36,508

Median income

$111,000

Median age

33.3

Daytime population

141,928

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 412569 CRANBERRY LINE, South-West Oxford.

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.