Business For Sale · Office

101 127 St. Peters Road, Charlottetown

101 127 St. Peters Road, Charlottetown, PE C1A5P0

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

98%

Lot Size

0.71 ac

About this property

Positioned to be in a high-traffic district of Charlottetown, this premium 3,314 square foot commercial sublease at 127 St. Peter's Road, Suite 101, offers an exceptional turnkey opportunity for your growing business. The space features a massive investment in recent leasehold improvements, boasting modern flooring, sleek Teknion glass dividers, and a fully furnished layout that includes a professional boardroom, four private offices, a welcoming reception and waiting area, a dedicated kitchen, and two private washrooms. Beyond the enclosed spaces, a vast open concept area offers ultimate flexibility to tailor the floor plan to your team's unique operational needs. The baseline square footage rate is offered in addition to Realty Taxes, Common Area Maintenance (CAM) costs, and utilities. To support your staff and clients, the landlord will provide up to 12 unreserved parking spaces onsite. Any prospective subtenant must be approved by the landlord, with the added benefit of a lease extension option available for long term stability. Note: Actual price is $19.50 per square foot. The listed price has been rounded up to accommodate MLS system limitations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

40,885

Households

15,184

Median income

$95,000

Median age

43

Daytime population

59,049

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 101 127 St. Peters Road, Charlottetown.

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.