1/3174 PILLSBURY DRIVE, Midland
174 PILLSBURY DRIVE, Midland, ON L4R0A3
Price on request
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
90%
Lot Size
750 ac
About this property
FOR LEASE | MIDLAND COMMERCIAL SPACE174 Pillsbury Drive, Midland | Approx. 750 Sq. Ft. | $1400.00 /Month Gross - Utilities extra. Bright, professional and exceptionally versatile commercial space offering approximately 750 sq. ft. in Midland's established commercial/employment area, conveniently located just off of Highway 12. Featuring 12-foot ceilings and a large, bright open showroom area, this space provides an excellent opportunity for a growing business looking for a polished client-facing environment without the overhead of a large commercial unit. The well-designed layout includes a spacious showroom or open work area, two private offices, washroom access and the use of a shared kitchen amenity. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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
147,022
Households
54,507
Median income
$123,500
Median age
37.3
Daytime population
188,383
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 174 PILLSBURY DRIVE, Midland.
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.