For Lease · Industrial

B1 - 337 O'DONNELL COURT, Ramara (Brechin)

B1 - 337 O'DONNELL COURT, Ramara (Brechin), ON L0K1B0

$18 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

93%

Lot Size

4850 ac

Clear height

32 ft

Loading docks

2

About this property

4,850 sq ft of new pre-construction industrial space for lease in Building B at Ramara Industrial Park, 337 O'Donnell Court, Brechin, one of the building's four units, 500 m from Highway 12 and about 10 min north of Durham Region and the GTA. 4,710 sq ft clear-span industrial area plus a 140 sq ft office with one washroom and one set of plumbing rough-ins for a potential second washroom. Pre-engineered insulated steel (R20 walls, R35 roof), grade-level drive-in loading, 200A/400V three-phase power, heat pump heating, air conditioning in the office, LED lighting, approx. 12 parking spaces and outdoor storage. Non-combustible construction. Optional mezzanine two-bedroom residence with its own washroom, built at additional cost: Village Industrial (VID-2) zoning permits a dwelling within an industrial unit as of right, so an owner-operator can live on site and deduct the occupancy expense as a business expense. VID-2 permits wholesale and distribution, warehousing and storage, manufacturing and fabrication, trades and contractors, EV and clean energy, equipment and RV sales and rental, and auto service. Low operating costs and Simcoe County taxes well below GTA levels. 12 min to Beaverton, 25 min to Orillia, 30 min to Highways 400/404, CN mainline about 500 m away. Also available in other configurations from 4,850 to 19,400 sq ft. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.25%

DSCR

0.93

Going-in cap

5.17%

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

129,333

Households

53,787

Median income

$71,500

Median age

38.8

Daytime population

142,855

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for B1 - 337 O'DONNELL COURT, Ramara (Brechin).

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.