Business For Sale · Industrial

100 MITTON INDUSTRIAL PARK ROAD, Ridgetown

100 MITTON INDUSTRIAL PARK ROAD, Ridgetown, ON N0P2C0

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

96%

Clear height

18 ft

Loading docks

3

About this property

Ridgetown, open storage yard & parking area. Property is approx. 10 minutes to Hwy 401. Suitable for vehicles, equipment, containers. Limited hydro & water use to be reviewed by landlord. Lease area is shown as Section 1 in property photo & is approx. 135' x 95'. Landlord builds portable shed structures & can supply a small building for office or storage, to be negotiated. Call for additional terms & details (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

41,828

Households

19,607

Median income

$111,000

Median age

32.9

Daytime population

36,556

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 100 MITTON INDUSTRIAL PARK ROAD, Ridgetown.

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.