For Lease · Industrial

252 PELISSIER STREET, Windsor

252 PELISSIER STREET, Windsor, ON N9A4K2

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

86%

Clear height

29 ft

Loading docks

1

About this property

Prime Downtown Windsor Commercial Space for Lease Position your business in the heart of downtown Windsor! Located in a high-traffic area directly across from the historic Capitol Theatre, this versatile second-floor commercial space is ideal for a professional office, salon, studio, or a variety of service-based businesses. Featuring a separate street-level entrance and an open-concept layout, the space offers flexibility to accommodate a range of business needs. Previously operated as a beauty salon for many years, it presents an excellent opportunity for a similar business or a new venture looking to establish a presence in a vibrant downtown location. Additional Highlights: • Second-floor commercial space • Separate entrance directly from the sidewalk • Open-concept layout with flexible use potential • Prominent downtown location across from the Capitol Theatre • Utilities included in the rent An excellent opportunity to establish or grow your business in downtown Windsor with the added convenience of utilities included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

141,174

Households

60,757

Median income

$134,000

Median age

34.5

Daytime population

143,641

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 252 PELISSIER STREET, Windsor.

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.