For Sale · Industrial

780 LONDON ROAD, Sarnia

780 LONDON ROAD, Sarnia, ON N7T4Y1

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Clear height

32 ft

Loading docks

1

About this property

High exposure for your business on popular London Road. Well maintained and updated stand alone space, with driveway off London Road and additional shared parking lot in the rear. Large pylon signage included. Lots of potential with this space and layout, with upper floor and full basement for storage. Lease price is per month plus utilities and $250 for grass cutting and snow removal. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

70,243

Households

29,129

Median income

$68,500

Median age

41.4

Daytime population

106,998

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 780 LONDON ROAD, Sarnia.

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.