For Lease · Retail

22 - 500 ALDER STREET, Orangeville

22 - 500 ALDER STREET, Orangeville, ON L9W7T6

$29.5 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

99%

About this property

Establish your business in a brand-new commercial/retail plaza in a prime location in Orangeville, offering excellent exposure and situated directly across from No Frills. The plaza features strong existing tenants including medical/walk-in clinic, pharmacy, HearCanada, veterinary clinic, daycare, optical, Domino's Pizza, and restaurants already in operation. Ideal for medical and health-related uses such as physiotherapy, chiropractic, medical diagnostic lab, or other permitted mixed-use retail/commercial businesses. Located in a densely populated residential area, ensuring consistent foot traffic and visibility. Unit is offered in shell condition, with the landlord flexible to finish the space to suit tenant requirements. Option to lease partial space if the full unit is not required. (id:66811)

Financial sandbox

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Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

3.51%

DSCR

1.19

Going-in cap

6.59%

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

92,123

Households

43,363

Median income

$124,000

Median age

35.4

Daytime population

93,924

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 22 - 500 ALDER STREET, Orangeville.

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.