For Lease · Office

5 - 20 JOSEPH STREET, Quinte West (Trenton Ward)

5 - 20 JOSEPH STREET, Quinte West (Trenton Ward), ON K8V4A1

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

93%

About this property

Commercial Unit for Lease 20 Joseph Street, Unit 5. Prime Commercial Unit for Lease 20 Joseph Street, Unit 5, Trenton! Newly renovated commercial unit on the ground floor, freshly painted and featuring a separate entrance for added convenience. Located in a professional building where the other four units are occupied by medical and office-related businesses. Ideal for professional offices, medical and healthcare services, beauty and wellness businesses, and other service-based businesses (subject to permitted uses and zoning). Common parking is available for visitors and clients. Rent includes all utilities, making budgeting for your business easier. This clean, modern space offers flexibility for a variety of professional uses and an excellent opportunity to establish or expand your business in a professional setting. Ready to move your business? (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

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

82,859

Households

34,418

Median income

$118,000

Median age

34.8

Daytime population

103,790

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 5 - 20 JOSEPH STREET, Quinte West (Trenton Ward).

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.