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Price on request
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
99%
Bright and spacious second-floor office space available for lease in the heart of Downtown Colborne. Featuring high ceilings that enhance the sense of openness and large windows that flood the space with natural light, this unit offers an inviting and productive work environment.With multiple room configurations, the layout is ideal for team collaboration while still offering privacy. Beautiful original woodwork adds character and charm throughout the space. The generous room sizes ensure it never feels cramped, providing comfort and flexibility for a variety of professional uses.Located on a busy downtown street, the unit benefits from excellent exposure, yet enjoys a quiet and private atmosphere on the second floor. The space includes two bathrooms and offers a great opportunity to customize and make it your own.Elevate your business in this unique and character-filled downtown setting. Lease rate: $2700 per month, including TMI and water. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$88K
Annual cash flow
$5K
Cash-on-cash
1.03%
DSCR
1.06
Going-in cap
5.85%
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.
Trade area within 3 miles of the property.
Population
40,904
Households
14,275
Median income
$113,500
Median age
34.1
Daytime population
36,829
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11 KING STREET E, Cramahe (Colborne).
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.