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$2.7M total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
97%
Lot Size
3.46 ac
Clear height
35 ft
Loading docks
6
Great opportunity to purchase this industrial building with 3.46 acres in a great location for east access to highway and airport. The property's H108-LI1 zoning provides flexibility for a broad range of potential commercial, light industrial, manufacturing, warehousing and service-related uses, making this an attractive option for both established businesses and growing companies. The combination of substantial warehouse space and dedicated office area provides an efficient layout for businesses requiring their administrative, operational, manufacturing and storage functions under one roof. LI1 zoning permits a variety of uses, including manufacturing and assembly industries, warehouse and wholesale establishments, laboratories, research and development establishments, business services, office support, custom and artisan workshops, services trades and other permitted uses. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$129K
Annual cash flow
$-20K
Cash-on-cash
-2.53%
DSCR
0.86
Going-in cap
4.78%
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.
Trade area within 3 miles of the property.
Population
143,681
Households
50,641
Median income
$80,000
Median age
42.9
Daytime population
214,774
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1464 CRUMLIN SIDE ROAD, London East (East A).
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.