For Lease · Office

1 - RIGHT SIDE - 999377 11 HIGHWAY, Timiskaming (TIM - Outside - Rural)

1 - RIGHT SIDE - 999377 11 HIGHWAY, Timiskaming (TIM - Outside - Rural), ON P0J1P0

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

92%

About this property

Prime commercial leasing opportunity just 5 minutes from New Liskeard! This 2,000+/- sq. ft. office space offers excellent visibility with frontage along Highway 11 and is ideally suited for professional offices, service-based businesses, medical or administrative use. The lease includes Heat, Hydro, Air Conditioning, Water and Snow Removal, providing convenient all-inclusive occupancy costs. Inside, the space features multiple private offices, a spacious conference room, a kitchenette area, and a large washroom, offering a functional layout for a variety of business needs. Ample on-site parking provides easy access for staff and clients alike. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

131,823

Households

52,209

Median income

$93,000

Median age

44.3

Daytime population

200,486

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 1 - RIGHT SIDE - 999377 11 HIGHWAY, Timiskaming (TIM - Outside - Rural).

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.