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Price on request
—
Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
83%
Large Commercial Building for Lease in Alcona, Innisfil! Excellent opportunity to lease a versatile 2-storey commercial building offering over 2,900 sq. ft. of space and 16 offices. Located in the fast-growing community of Alcona, this property is zoned MU-2, allowing for a wide range of potential commercial uses, subject to municipal approvals. The flexible layout is well suited for a variety of businesses, including medical/professional offices, dental, legal, accounting, corporate offices, daycare, school/training facility, restaurant, and other permitted commercial uses. The building features gas heating, central air conditioning, municipal water and sewer, and high-speed internet. Immediate possession available. Conveniently located close to Lake Simcoe and Alcona Beach, shopping, schools, restaurants, and the Alcona Town Centre, with easy access to major transportation routes. An excellent opportunity for businesses seeking a prominent and adaptable commercial location in one of Innisfil's growing communities. The property is also available for sale. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
66,439
Households
23,353
Median income
$69,000
Median age
43
Daytime population
110,499
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 888 INNISFIL BEACH ROAD, Innisfil (Alcona).
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.