For Lease · Specialty

175 Palmer Brook Road, Quispamsis

175 Palmer Brook Road, Quispamsis, NB E2G2A9

Price on request

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

2.8169969999999998 ac

About this property

Commercial/industrial land available for lease with flexible development options. Landlord will discuss the portion of the overall site available for lease or development. The tenant may construct on the site, or the owner may consider building or developing to suit the tenants specific requirements. Commercial/industrial zoning offers potential for pad development, outdoor storage and a variety of custom business uses. Lease terms and development options are negotiable, making this an excellent opportunity to create a site that works for your operation. Proposed uses are subject to applicable zoning and municipal approvals. Posted rent is approximate and will be revised and adjusted based on lease agreement and terms. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

68,117

Households

26,903

Median income

$118,500

Median age

33.1

Daytime population

104,515

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 175 Palmer Brook Road, Quispamsis.

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.