1/523 Erie STREET North, Leamington
23 Erie STREET North, Leamington, ON N8H2Z2
Price on request
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Asset Class
Industrial
Size
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Building class
C
Zoning
IB — Industrial Business
$ / SF
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Occupancy
92%
Clear height
26 ft
Loading docks
12
About this property
Fantastic exposure on Leamington's main street, steps away from public parking, this is a perfect location for small businesses. Recently renovated flooring and freshly painted. Zoned C1 which allows for multiple uses or business opportunities. $600 base rent plus HST plus $82.17 (CAM) plus gas and hydro. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
96,311
Households
33,397
Median income
$114,000
Median age
32.8
Daytime population
104,140
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 23 Erie STREET North, Leamington.
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.