441 GOODYEAR ROAD, Greater Napanee (Greater Napanee)
For Lease · Land

441 GOODYEAR ROAD, Greater Napanee (Greater Napanee)

441 GOODYEAR ROAD, Greater Napanee (Greater Napanee), ON K7R3L2

$2.0M per sq ft / yr

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

93%

Lot Size

45 ac

About this property

Turn-key Industrial Opportunity across from Goodyear. Exceptional opportunity for an incoming or expanding business looking for a rapid, seamless setup directly across from Napanee's expanding Goodyear Tire Plant. This high-growth 45-acre parcel features generally flat topography, excellent site useability, and a functional residential structure perfectly suited for immediate conversion into a corporate office. Complete with versatile outbuildings for equipment and material storage. The strategic dual zoning M2-H (General Industrial - Holding), along the high-visibility frontage and a portion of M1-H (Light Industrial - Holding), at the rear, accommodates an incredibly diverse range of permitted uses. Available for lease or immediate purchase. (For Lease MLS #X13486842). (id:66811)

Financial sandbox

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Estimate
Purchase price$2.00M
Down payment30% · $600K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$107K

Annual cash flow

$-4K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

69,476

Households

24,195

Median income

$99,500

Median age

45.7

Daytime population

110,885

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 441 GOODYEAR ROAD, Greater Napanee (Greater Napanee).

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.