For Sale · Industrial

17 - 444 RIVERVIEW DRIVE, Chatham-Kent (Chatham)

17 - 444 RIVERVIEW DRIVE, Chatham-Kent (Chatham), ON N7M0N2

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

86%

Clear height

34 ft

Loading docks

11

About this property

*** Additional Listing Details - Click Brochure Link *** All-Inclusive Rent: $2,000 Per Month + Hst Includes Electricity, Gas, Internet, Condo Fees, Snow Removal And Unit Insurance. Available Immediately. This 1,200 Sq. Ft. Commercial Unit In Chatham Features A Private Office, Two Bathrooms And A Kitchenette, Plus A Large Backyard For Additional Storage-all Included In The Monthly Rent. Enjoy The Convenience Of One Monthly Payment, With Utilities And Condo Fees Already Covered. (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

115,243

Households

42,439

Median income

$62,500

Median age

35.4

Daytime population

123,249

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 17 - 444 RIVERVIEW DRIVE, Chatham-Kent (Chatham).

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.