For Lease · Office

2ND FL - 43 WORSLEY STREET, Barrie (City Centre)

2ND FL - 43 WORSLEY STREET, Barrie (City Centre), ON L4M1L7

$9.5 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

96%

About this property

**YEAR ONE FROM APPROX. $1,667/MONTH* + HST, hydro, 33% of water and internet.** An affordable opportunity for a small business or professional practice to establish its own downtown Barrie office without the cost of a large commercial footprint. Approximately **1,165 sq. ft. of lease area** on the upper floor of this freestanding building, together with inclusive parking and exclusive use of a private balcony at no additional charge**. The layout offers three private offices, a kitchenette and refreshed washroom, providing a practical turnkey setting for professional, consulting, administrative or appointment-based users. Conveniently located near the courthouse, banks, library, professional services, downtown amenities, waterfront and trails. **Low TMI of approximately $7.66/sq. ft.** helps keep overall occupancy costs manageable. Flexible lease terms available. *Year-one rate shown is based on a Qualified Tenant and negotiated lease term exceeding 48 months. Additional rent and terms subject to final lease agreement.* (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

15.21%

DSCR

1.82

Going-in cap

10.11%

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

98,347

Households

40,870

Median income

$84,500

Median age

41.3

Daytime population

123,589

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 2ND FL - 43 WORSLEY STREET, Barrie (City Centre).

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.