For Lease · Industrial

300 LACROIX STREET Unit# A-1B, Chatham

300 LACROIX STREET Unit# A-1B, Chatham, ON N7M6M6

$9 per sq ft / yr

1,400 SF

Asset Class

Industrial

Size

1,400 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

94%

Year Built

1985

Clear height

30 ft

Loading docks

10

About this property

1,400 sq. ft. commercial space for lease on a high-traffic road with plenty of on-site parking. The plaza benefits from steady foot traffic. Features a double front entrance door for convenient access and unloading. Open concept with backroom for storage, along with a two piece bathroom. Base rent is $9.00/sq. ft., plus $11.00/sq. ft. for taxes, insurance, snow removal, grass cutting, parking lot maintenance and utilities. Contact for more information or to schedule a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$9
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

16.34%

DSCR

1.88

Going-in cap

10.44%

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)

TenantAreaExpiry
Blue Harbour Design473 SF2028-02
Blue Harbour Design400 SF2028-02
Blue Harbour Design540 SF2028-03

Area demographics

Trade area within 3 miles of the property.

Population

51,712

Households

18,812

Median income

$76,000

Median age

39.9

Daytime population

71,454

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 300 LACROIX STREET Unit# A-1B, Chatham.

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.