1/9240 RALEIGH STREET, Chatham
240 RALEIGH STREET, Chatham, ON N7M2P2
$2.4M total
150,000 SF
Asset Class
Industrial
Size
150,000 SF
Building class
B
Zoning
IL — Light Industrial
$ / SF
$16
Occupancy
82%
Year Built
1940
Clear height
36 ft
Loading docks
11
About this property
APPROX. 150,000 SQ FT OF WAREHOUSE SPACE, CEILING HEIGHT BETWEEN 12 FT - 30 FT . 5-LOADING DOCKS, 7 DRIVE IN DOORS 2- 10 X 12 , 3- 16 X20 , 2- 12 X 14. PROPERTY IS 8.79 ACRES IN SIZE. THERE IS APPROX. 1000 SQ FT OF OFFICE SPACE. LOCK GATE ENTRANCE AT BOTH ENDS OF PROPERTY NEEDS SOME ROOF WORK IN AREAS THROUGH-OUT. CALL FOR YOUR PERSONAL VEIWING. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$121K
Annual cash flow
$-12K
Cash-on-cash
-1.65%
DSCR
0.91
Going-in cap
5.05%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 123,150 SF | 2027-05 |
Area demographics
Trade area within 3 miles of the property.
Population
64,836
Households
27,412
Median income
$101,500
Median age
45
Daytime population
59,638
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 240 RALEIGH STREET, Chatham.
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.