For Lease · Industrial

2 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial)

2 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial), ON L6T4K8

$17.5 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

99%

Clear height

35 ft

Loading docks

9

About this property

This well-maintained industrial unit situated within a multi-unit complex in an established industrial area. The space offer a functional layout ideal for a variety of industrial and warehouse uses. The unit features a convenient drive-in shipping door for efficient loading and receiving along with a clean and protocol office area at the front-perfect for administrative operations or client- facing activities. Features two washrooms one in warehouse and another in the office space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.39%

DSCR

1.02

Going-in cap

5.66%

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

71,524

Households

30,142

Median income

$76,000

Median age

40.8

Daytime population

117,392

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 2 - 14 MELANIE DR DRIVE, Brampton (Steeles Industrial).

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.