Business For Sale · Office

D - 566 BRYNE DRIVE, Barrie (400 West)

D - 566 BRYNE DRIVE, Barrie (400 West), ON L4N9P6

$16.5 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

94%

About this property

1968 sf unit available in the highly sought-after South End shopping and business district. An ideal location for professional office or retail space seeking a high-traffic, easily accessible location. Conveniently located just minutes from Highway 400, the property is surrounded by major amenities including Walmart, Galaxy Cinemas, shopping, restaurants, and other established businesses. Multiple offices, washroom , kitchenette/lunchroom. Located at the corner of Bryne Dr & Mills Road. Tenant pays utilities. $16.50/sf/yr & $7.64/sf/yr TMI + HST. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.20%

DSCR

0.94

Going-in cap

5.18%

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

141,939

Households

58,834

Median income

$81,500

Median age

40.5

Daytime population

231,278

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for D - 566 BRYNE DRIVE, Barrie (400 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.