For Lease · Land

3350 Devon DRIVE, Windsor

3350 Devon DRIVE, Windsor, ON N8X4L4

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

About this property

Available at $3,000/ACRE/MONTH, lease all or part of this open ground 10-acre site that offers an exceptional opportunity for businesses seeking secure parking, or industrial yard space in Windsor's MD1.1 zoning corridor. Permitted uses such as Towing Service, public parking area, heavy equipment rental yard, etc. 5 acres of fully paved and fenced parking lot with, lights & gate. An additional adjacent 5-ACRE field available. NOTE: This listing has up to 95,000 SQFT of Warehouse/Industrial space available for lease in same location along with 1900 SQFT of office space. Contact L/B for further information on all leasing options available at this location. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

100,363

Households

41,641

Median income

$100,500

Median age

45.8

Daytime population

160,965

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 3350 Devon DRIVE, Windsor.

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.