25 DENNIS Road Unit# 2&3, St. Thomas
For Lease · Industrial

25 DENNIS Road Unit# 2&3, St. Thomas

25 DENNIS Road Unit# 2&3, St. Thomas, ON N5P0B6

$14 per sq ft / yr

17,705 SF

Asset Class

Industrial

Size

17,705 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

92%

Clear height

31 ft

Loading docks

2

About this property

Prestigious Industrial/Retail/Office building in North St. Thomas. Multiple leasing opportunities in this Multi-Tenant Building 5,902 – 17,705 sf available. Lots of onsite parking, flexible (BEL) Business Employment Lands zoning. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

3.43%

DSCR

1.19

Going-in cap

6.57%

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
Summit Trades Supply9,985 SF2031-10
Summit Trades Supply3,848 SF2031-10
Summit Trades Supply1,504 SF2031-10
Summit Trades Supply934 SF2031-10

Area demographics

Trade area within 3 miles of the property.

Population

119,710

Households

45,579

Median income

$79,500

Median age

42.8

Daytime population

165,550

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 25 DENNIS Road Unit# 2&3, St. Thomas.

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.