Business For Sale · Industrial

9 THOMPSON CRESCENT, Erin

9 THOMPSON CRESCENT, Erin, ON N0B1T0

$13M total

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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

84%

Lot Size

2.61 ac

Clear height

22 ft

Loading docks

3

About this property

Rare opportunity to own a +/-17,621 sf immaculate turn-key steel fabrication building with 5 cranes (5 tons capacity each) situated on a +/-2.61 acre lot with generous storage yard area, and sprawling yard with capacity for up to 30 Trailer Parking Spaces. Exterior crane structures with outdoor crane runways servicing the yard area (121 ft). Located within Erin Industrial Park, the property is serviced by high-power electrical capacity (300 KVA, 288 Amps). General Industrial zoning permits a wide range of industrial and commercial uses, making the property well suited for manufacturing, fabrication, contractors, construction-related businesses, equipment operators, service trades, transportation users, and industrial occupiers seeking a cost-effective alternative to GTA industrial markets. Steel Fabrication equipment can be included. Strategically located with excellent access to Wellington County, Halton Region, Guelph, Orangeville, and surrounding markets, this is a rare opportunity to secure functional industrial space in a market with limited availability. Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13.00M
Down payment30% · $3.90M
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$60K

Projected NOI

$508K

Annual cash flow

$-212K

Cash-on-cash

-5.45%

DSCR

0.71

Going-in cap

3.91%

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

91,203

Households

36,212

Median income

$99,000

Median age

32.3

Daytime population

101,936

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 9 THOMPSON CRESCENT, Erin.

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.