For Lease · Industrial

SCRAP YARD - 2420 PROVIDENCE LINE, Otonabee-South Monaghan

SCRAP YARD - 2420 PROVIDENCE LINE, Otonabee-South Monaghan, ON K9J6X8

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Lot Size

5.5 ac

Clear height

27 ft

Loading docks

1

About this property

Rare about 5.5-acre scrap yard for lease. Established salvage/recycling operation with legal non-conforming status recognized by the Township. Paved municipal road frontage. About 20 mins drive to Peterborough and 1.5 hrs to the GTA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

83,180

Households

30,831

Median income

$108,500

Median age

36.1

Daytime population

79,030

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for SCRAP YARD - 2420 PROVIDENCE LINE, Otonabee-South Monaghan.

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.