For Lease · Retail

1A - 170 MEMORIAL AVENUE, Orillia

1A - 170 MEMORIAL AVENUE, Orillia, ON L3V7M9

$19 per sq ft / yr

1,225 SF

Asset Class

Retail

Size

1,225 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$0

Occupancy

94%

About this property

Prime commercial space available for lease in a high-visibility strip plaza offering excellent exposure and strong daily traffic flow. Unit 1A features approximately 1,225 sq. ft. of well-maintained space with an existing functional layout, making it ideal for a variety of professional or retail uses. The unit includes a welcoming retail area at the front, along with a dedicated office space, a rear washroom, and a storage area providing practical back-of-house functionality. The layout is efficient and versatile, well-suited for service-based businesses, boutique retail, or professional offices looking for a clean and accessible storefront presence. Zoned C2, the property permits a wide range of uses including professional offices, retail operations, financial services, and select food service uses. Conveniently located near key amenities including the hospital, downtown core, parks, medical clinics, restaurants, and established retail, this plaza provides excellent accessibility for both clients and staff. Showings by appointment only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.98%

DSCR

0.89

Going-in cap

4.95%

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)

TenantAreaExpiry
Meridian Health Group1,155 SF2028-11

Area demographics

Trade area within 3 miles of the property.

Population

69,806

Households

28,551

Median income

$67,000

Median age

41.1

Daytime population

105,092

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 1A - 170 MEMORIAL AVENUE, Orillia.

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.