For Lease · Office

103 - 147 MCINTYRE STREET W, North Bay (Central)

103 - 147 MCINTYRE STREET W, North Bay (Central), ON P1B2Y6

$18 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

90%

About this property

2,912 sf of office space, spacious and well situated, just one block off the heart of the Main Street. Plenty of natural lighting pours in from the rows of windows lining each floor. With numerous access points, including a main entrance off of McIntyre, and well-established long-term tenants this property is a proud, well-maintained community of businesses. Next door is a multi-level municipal parking garage and all the amenities are a short walk around the corner. $18.00 gross /sf/yr + HST. Hydro included based on standard use (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.80%

DSCR

0.90

Going-in cap

5.00%

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

81,336

Households

28,479

Median income

$65,000

Median age

37.2

Daytime population

116,664

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 103 - 147 MCINTYRE STREET W, North Bay (Central).

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.