For Lease · Industrial

97 ARDELT Avenue Unit# 2, Kitchener

97 ARDELT Avenue Unit# 2, Kitchener, ON N2C2E1

$9.95 per sq ft / yr

24,069 SF

Asset Class

Industrial

Size

24,069 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

95%

Lot Size

2.882 ac

Clear height

20 ft

Loading docks

10

About this property

97 Ardelt Avenue, Kitchener. Industrial space for lease in four configurations. Clear height 16 ft 7 in to deck. Power 400 amps, 600 volts, 3 phase. Fully sprinklered building. Zoned EMP 2 (General Industrial), permitting manufacturing, warehousing, trades and industrial services. Loading ranges from 1 dock level door and 1 drive in door up to 3 truck level doors and 3 drive in doors (10 ft x 12 ft), depending on configuration. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

13.36%

DSCR

1.72

Going-in cap

9.55%

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 Supply9,023 SF2033-09
Summit Trades Supply5,477 SF2033-09
Summit Trades Supply8,318 SF2033-09

Area demographics

Trade area within 3 miles of the property.

Population

94,858

Households

39,540

Median income

$79,000

Median age

40.5

Daytime population

134,418

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 97 ARDELT Avenue Unit# 2, Kitchener.

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.