For Lease · Retail

25 - 760 LAURENTIAN DRIVE, Burlington (Industrial Burlington)

25 - 760 LAURENTIAN DRIVE, Burlington (Industrial Burlington), ON L7N0A4

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

Available Immediately. Approximately 2,000 sq. ft. of flexible commercial/industrial space available for lease immediately. The property offers a variety of permitted uses under the applicable GE1-334 zoning. The space features a functional main-floor working area, with a separate office/work area located upstairs in the mezzanine, providing an ideal combination of operational and administrative space. (id:66811)

Financial sandbox

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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

126,433

Households

54,474

Median income

$83,000

Median age

41.3

Daytime population

184,932

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 25 - 760 LAURENTIAN DRIVE, Burlington (Industrial Burlington).

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.