For Lease · Specialty

197 ERIE Avenue, Brantford

197 ERIE Avenue, Brantford, ON N3S2G8

Price on request

1,373 SF

Asset Class

Specialty

Size

1,373 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

92%

About this property

Convenient storage space available for lease at 197 Erie Avenue in Brantford, located at the corner of Erie Avenue and Gladstone Avenue. This property offers a practical, open-concept layout with concrete floors, durable block construction and on-site parking. Ideal for individuals or businesses seeking additional space for storing equipment, inventory or supplies. Conveniently located with easy access to surrounding areas and major routes. This property is strictly for storage purposes only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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
Cascade Foods Inc.569 SF2029-05
Cascade Foods Inc.400 SF2029-05
Cascade Foods Inc.400 SF2029-05
Cascade Foods Inc.400 SF2029-05

Area demographics

Trade area within 3 miles of the property.

Population

87,784

Households

31,321

Median income

$70,000

Median age

38

Daytime population

103,018

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 197 ERIE Avenue, Brantford.

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.