Business For Sale · Industrial

1506-1508 COUNTY RD 34, Kingsville

1506-1508 COUNTY RD 34, Kingsville, ON N0P2G0

$44.0M total

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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

94%

Clear height

29 ft

Loading docks

10

About this property

Turn-key 50 acre greenhouse facility for sale. The facility is ideal for a current industry player or institutional buyer looking to transition into a thriving industry to take over a 4th generation commercial greenhouse enterprise specializing in the production, marketing and shipping of gourmet produce throughout North America. The property is fully secured, fenced complex. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$44.00M
Down payment30% · $13.20M
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$203K

Projected NOI

$2.34M

Annual cash flow

$-100K

Cash-on-cash

-0.76%

DSCR

0.96

Going-in cap

5.31%

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

69,647

Households

27,413

Median income

$109,500

Median age

34.7

Daytime population

86,922

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 1506-1508 COUNTY RD 34, Kingsville.

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.