For Sale · Office

236 PRITCHARD Road, Hamilton

236 PRITCHARD Road, Hamilton, ON L8W3P7

Price on request

130 SF

Asset Class

Office

Size

130 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

94%

Lot Size

0.34 ac

About this property

PRESTIGIOUS OFFICE SPACE IN THE UPTOWN BUSINESS CLUB WITH ALL THE BENEFITS OF THE SHARED PROFESSIONAL CO-WORKING AND MEETING SPACE BLENDING THAT WITH YOUR OWN PRIVATE OFFICE SPACE LOCATED ON THE MAIN FLOOR OF THE BUILDING. 24/7 SECURED ACCESS TO THE OFFICE SPACE. PARKING ALSO INCLUDED. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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)

TenantAreaExpiry
Prairie Coffee Roasters400 SF2027-08
Prairie Coffee Roasters400 SF2027-08
Prairie Coffee Roasters400 SF2027-08

Area demographics

Trade area within 3 miles of the property.

Population

101,173

Households

39,992

Median income

$70,500

Median age

41.3

Daytime population

163,189

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 236 PRITCHARD Road, Hamilton.

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.