Business For Sale · Industrial

#1 - 701 BROOK ROAD N, Cobourg

#1 - 701 BROOK ROAD N, Cobourg, ON K9A4J8

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

98%

Clear height

20 ft

Loading docks

3

About this property

Functional Warehouse Space In Cobourg Industrial Park. Just 5 Minutes Off Of Highway 401. Clear Height Ranges From approximately 14' to 22'. Nicely Finished Office Space. Large Drive-in Shipping Door (14' x 12'). Professionally built out office space. Excess Land Available for Outdoor Storage. Light Industrial Zoning, Allows for a Multitude of Uses including Warehousing, Manufacturing, Storage & Service Commercial. Professional Landlord Group. Additional Dock Level or Grade Level Door can be added if Tenant Requires. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

90,435

Households

39,118

Median income

$94,500

Median age

31.6

Daytime population

140,307

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for #1 - 701 BROOK ROAD N, Cobourg.

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.