For Lease · Office

Q - 4 CEDAR POINTE DRIVE, Barrie (400 North)

Q - 4 CEDAR POINTE DRIVE, Barrie (400 North), ON L4N5R7

$12 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

98%

About this property

Excellent opportunity to lease 1,185 sf Office or Retail space in the sought-after Cedar Pointe Business Park. This well-located space offers outstanding visibility in a busy commercial area and is ideally positioned in central Barrie with quick access to Highway 400. The unit has multiple offices, reception area and kitchenette. Lease rate of $13.00/sf/yr plus TMI $9.09/sf/yr + HST. Tenant pays utilities. Pylon signage available for added exposure at $60 per month, per sign. (id:66811)

Financial sandbox

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Estimate
Purchase price$12
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

8.75%

DSCR

1.47

Going-in cap

8.17%

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

79,355

Households

36,357

Median income

$111,500

Median age

34

Daytime population

69,946

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for Q - 4 CEDAR POINTE DRIVE, Barrie (400 North).

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.