1/13970 BURTON ROAD, Russell
970 BURTON ROAD, Russell, ON K0A3H0
Price on request
9,000 SF
Asset Class
Industrial
Size
9,000 SF
Building class
A
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
99%
Clear height
22 ft
Loading docks
11
About this property
Excellent opportunity to lease this stand alone building in Vars. The building is approximately 9000 sq ft of space consisting of approximately 8500 sq ft of industrial and 500 sq of office space. The Location is conveniently located minutes off the 417 and is next the the auto auction. Currently used and an auto body shop but can be repurposed for many industrial type uses. Varying ceiling heights and loading door sizes for increase flexibility. All this sits on approximately 1.4 acres of fenced gravel yard space for additional storage. Tenant will be responsible for HST on the rent, utilities, snow and grass maintenance costs in addition to the rent. (Note the Quonset building is not included and is for Landlord storage) (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$5K
Cash-on-cash
1.03%
DSCR
1.06
Going-in cap
5.85%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 3,850 SF | 2029-12 |
| Northbridge Logistics | 5,060 SF | 2029-12 |
Area demographics
Trade area within 3 miles of the property.
Population
94,804
Households
42,684
Median income
$67,000
Median age
38.4
Daytime population
133,040
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 970 BURTON ROAD, Russell.
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.