1/1846 LUSCOMBE Drive Unit# 1, Simcoe
46 LUSCOMBE Drive Unit# 1, Simcoe, ON N3Y0A2
Price on request
2,250 SF
Asset Class
Industrial
Size
2,250 SF
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
91%
Clear height
31 ft
Loading docks
5
About this property
Prime Commercial Space Available for Lease! Position your business for success in this well-appointed 2,250 sq. ft. industrial unit, offering a functional combination of warehouse and office space in an ideal location.Featuring 15-foot ceilings, a 12-foot bay door, 100-amp electrical service, and two washrooms, this versatile space is well suited to a wide variety of business operations. An on-demand hot water system provides added efficiency and convenience. The property is zoned General Industrial (MG), offering a wide variety of permitted uses and flexibility for a range of businesses. Whether you're expanding an established operation or launching a new venture, this space provides the functionality and versatility to support a thriving business.Rent includes TMI, with the tenant responsible only for utilities. A great opportunity to secure functional and flexible industrial space in a convenient location designed to accommodate your business needs. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 721 SF | 2033-05 |
| Cascade Foods Inc. | 470 SF | 2033-05 |
| Cascade Foods Inc. | 861 SF | 2033-05 |
Area demographics
Trade area within 3 miles of the property.
Population
106,403
Households
38,176
Median income
$74,000
Median age
42.3
Daytime population
133,843
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 46 LUSCOMBE Drive Unit# 1, Simcoe.
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.