For Lease · Land

SHOP - 1506 6TH CONCESSION ROAD W, Hamilton

SHOP - 1506 6TH CONCESSION ROAD W, Hamilton, ON L0R1V0

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

About this property

Excellent leasing opportunity offering approximately **3,800 sq. ft. of shop space** completewith a **large office area**. **A2 zoning allows for a diverse range of permitted uses**,making this property suitable for a variety of business operations. **Utilities and maintenanceare included in the lease.** Additional yard space and storage are also available at anadditional cost, providing flexibility to suit your business needs. A great opportunity forbusinesses looking for versatile shop, office, and outdoor space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

47,424

Households

16,355

Median income

$63,000

Median age

37.6

Daytime population

64,440

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for SHOP - 1506 6TH CONCESSION ROAD W, Hamilton.

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.