For Lease · Industrial

616 RENNIE Street E Unit# B, Hamilton

616 RENNIE Street E Unit# B, Hamilton, ON L8H3P5

$11.5 per sq ft / yr

3,927 SF

Asset Class

Industrial

Size

3,927 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

99%

Clear height

19 ft

Loading docks

3

About this property

Excellent location for access to the area highway network, well maintained complex, drive-in door, modern facade and potential for street front signage, M6 zoning allows for many uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$12
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

10.22%

DSCR

1.55

Going-in cap

8.61%

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
Prairie Coffee Roasters1,866 SF2029-09
Prairie Coffee Roasters971 SF2029-09
Prairie Coffee Roasters507 SF2029-09
Prairie Coffee Roasters560 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

138,080

Households

59,320

Median income

$116,500

Median age

34.9

Daytime population

129,271

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for 616 RENNIE Street E Unit# B, Hamilton.

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.