For Lease · Industrial

21 - 587 HANLON CREEK BOULEVARD, Guelph (Kortright West)

21 - 587 HANLON CREEK BOULEVARD, Guelph (Kortright West), ON N1C0B3

$19.5 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

99%

Clear height

35 ft

Loading docks

9

About this property

Industrial Condo Unit in Guelph, ON is For Lease. Located at the Hanlon Expressway and approximately 7 minutes from Highway 401. Features approximately 2,248 Sqft. including 1,523 Sqft. on the First Floor + 725 Sqft. on the Second Floor, with a 22' ceiling height and 10' 10' drive-in loading bay. Lease Rate: $20/Sqft. + TMI: $7.90/Sqft. Flexible BP-3 Zoning permits a variety of uses including manufacturing, warehouse, medical office/clinic, office, commercial/cloud kitchen, beauty/hair salon, recreational, school/tuition centre, research & development and much more. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.55%

DSCR

0.92

Going-in cap

5.08%

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

69,277

Households

26,848

Median income

$110,000

Median age

33.9

Daytime population

108,987

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 21 - 587 HANLON CREEK BOULEVARD, Guelph (Kortright West).

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.