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$14.5 per sq ft / yr
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
88%
Lot Size
1.6 ac
Professionally finished, turnkey sub-lease opportunity offering approximately 3,600 SF of office space in a highly visible location on St. George Boulevard. Available for immediate occupancy, this recently upgraded space is ideally suited for a variety of professional office users. Offered at $14.50 PSF NET with budgeted additional rents of $5.50 PSF, the premises feature a secure entrance vestibule leading to a welcoming reception area, an open-concept workspace, two private offices, a state-of-the-art boardroom with operable partition walls that create flexible meeting or training space, a dedicated storage room, a full staff kitchen, two washrooms, and a private rear staff entrance. The space is fully wheelchair accessible with a front entrance ramp and is complemented by 12 undedicated parking spaces allocated for this premises. Situated on a 1.6-acre property with Suburban Commercial (SC) zoning, the building offers excellent visibility and convenient access to Downtown Moncton, Wheeler Boulevard (Route 15), and surrounding commercial areas. Nearby amenities include Tim Hortons, Café Codiac, Pomodori Pizza, and Centennial Park. This move-in-ready sub-lease opportunity combines a functional layout, modern finishes, and an excellent central Moncton location. (id:66811)
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Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
1.76%
DSCR
1.10
Going-in cap
6.07%
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
131,918
Households
49,638
Median income
$77,500
Median age
44.9
Daytime population
191,817
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 686 St. George Boulevard, Moncton.
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.