





1/7585 RIVERVIEW DRIVE, Chatham, ON N7M5J5
Price on request
11,000 SF
Asset Class
Industrial
Size
11,000 SF
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
93%
Year Built
1974
Clear height
31 ft
Loading docks
11
Approximately 11,000 sq. ft. of industrial/warehouse space available in an excellent location with convenient access to Highway 401 and Queen’s Line. The space features 18.5-foot ceiling heights, level concrete floors, one loading dock and one ground-level drive-in door, providing excellent functionality for a variety of industrial, warehousing, manufacturing and distribution uses. The property also offers approximately 1 acre of laydown yard, with a rear turnaround yard providing additional flexibility for trucks, deliveries and outdoor storage. Ample on-site parking is available. Approximately 2,500 sq. ft. of office space is also available, providing the opportunity to accommodate administrative, staff or customer-service requirements under the same roof. A rare opportunity for businesses requiring substantial industrial space, high ceilings, loading capabilities and generous yard area. Landlord is willing to assist with leasehold improvements, making this an excellent opportunity to customize the space to suit your business needs. TMI's are $2.00 per sq ft for 2026. (id:66811)
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Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 10,263 SF | 2032-01 |
Trade area within 3 miles of the property.
Population
123,071
Households
50,029
Median income
$120,500
Median age
31.7
Daytime population
144,617
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 585 RIVERVIEW DRIVE, Chatham.
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.