For Lease · Industrial

B - 278 COOK STREET, Meaford

B - 278 COOK STREET, Meaford, ON N4L1H4

$10 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

84%

Clear height

27 ft

Loading docks

11

About this property

ALL INCLUSIVE - TWO 30'x71' units available, offering 2,128 SF to 4256 SF. The unit features one shared loading dock with direct access, as well as drive-in access, making it ideal for a variety of business operations. Additional features include ample parking and convenient access to shared washroom facilities to support efficient day-to-day operations. The warehouse area provides approximately 12-foot clear ceiling height and is fully sprinklered. The building has benefited from significant capital improvements, including a new roof and upgraded heating systems. The complex offers multiple layout options, allowing spaces to be combined or divided as needed. Centrally located in Meaford, just one block from Highway 26, this warehouse/commercial space offers excellent access for customer traffic, deliveries and logistics. The all-inclusive lease rate covers heat, hydro, water, snow removal, TMI, and utilities (excluding power usage beyond 110V). Additional units may be available within this versatile building. Inquire today to explore configuration options and availability. (id:66811)

Financial sandbox

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Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

9.53%

DSCR

1.52

Going-in cap

8.40%

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

56,865

Households

22,294

Median income

$108,500

Median age

31.3

Daytime population

51,086

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for B - 278 COOK STREET, Meaford.

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.