1/3387 KING Street E Unit# 122B, Kitchener
387 KING Street E Unit# 122B, Kitchener, ON N2G3L2
$25.95 per sq ft / yr
1,104 SF
Asset Class
Specialty
Size
1,104 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$0
Occupancy
98%
Year Built
2024
About this property
Newly built Ground floor retail space fronting on King St. E. for lease available immediately! Great Street exposure! Unspoiled space ready for your architectural touch! Adequate parking, 62 Residential unit. B&T Super market. Steps to public transport and LRT. Average daily traffic count is 12,405. TMI includes hydro & water sub metered monthly. Natural gas separately supplied and metered by utility provider. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
6.13%
DSCR
1.33
Going-in cap
7.38%
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 | 551 SF | 2031-05 |
| Aurora Legal LLP | 535 SF | 2031-05 |
Area demographics
Trade area within 3 miles of the property.
Population
123,660
Households
54,072
Median income
$74,000
Median age
42.6
Daytime population
196,053
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 387 KING Street E Unit# 122B, Kitchener.
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.