Business For Sale · Industrial

705 BOUNDARY ROAD, Cornwall

705 BOUNDARY ROAD, Cornwall, ON K6H6K8

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

83%

Lot Size

10.8 ac

Clear height

27 ft

Loading docks

14

About this property

80164 sq ft of available space in this 144,490 sq ft industrial building on over 10 acres of land. The Base Rent is $9.00 per sq ft per annum on a fully net to the landlord Basis. Costs of operation for 2026 are estimated at $3.75 psf per annum. There is potential to subdivide the space into smaller components. The space is currently occupied but available on 60 days notice. The building is fully sprinklered has plenty of power. There is currently one dock level door for the Premises, with potential to add more. The premises are outlined in red in the attachments. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

92,163

Households

35,693

Median income

$78,000

Median age

41.9

Daytime population

152,520

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 705 BOUNDARY ROAD, Cornwall.

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.