For Lease · Office

3077 NEW Street Unit# 204, Burlington

3077 NEW Street Unit# 204, Burlington, ON L7L1M6

$19 per sq ft / yr

1,573 SF

Asset Class

Office

Size

1,573 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

100%

Year Built

1972

About this property

Professional office space in prime Burlington location. 2nd floor unit with elevator access. Attractive building frontage & lobby. Perfect for a lawyer, real estate, graphic design, advertising agency, etc. 1,250 square feet with the potential to add approximately 340 feet of hallway conversion. Landlord willing to work with tenant with layout/renovations. Ample shared parking. Rent includes heat, hydro, water. Building includes existing tenants: Architect, Accountant, Dentist and Physiotherapist. Don’t be TOO LATE*! *REG TM. RSA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-0.93%

DSCR

0.95

Going-in cap

5.26%

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
Cascade Foods Inc.699 SF2027-11
Cascade Foods Inc.866 SF2027-11

Area demographics

Trade area within 3 miles of the property.

Population

127,156

Households

44,021

Median income

$78,500

Median age

43.6

Daytime population

208,439

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 3077 NEW Street Unit# 204, Burlington.

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.