Business For Sale · Industrial

293 Park Road, Elmsdale

293 Park Road, Elmsdale, NS B2S0G3

$2.4M total

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

100%

Year Built

2016

Lot Size

1.6961 ac

Clear height

31 ft

Loading docks

13

About this property

Built in 2015, this 7,200 SF modern ICF Concrete industrial building on 1.7 Acres with frontage on 3 streets in the Elmsdale Industrial Park offers 6,000 SF(60' X 100') ground floor with clear span column spacing, plus 1,200 SF Heavy Wood Frame mezzanine(60' X 20') with office below. Features include 16' clear ceiling height, one 14' x 12' grade loading door with electronic opener, 600/347 Volt 200 Amp 3 Phase Power with 45 KVA & 30 KVA 120/208 Volt 3 Phase Transformers & Zeneth Transfer Switch, geothermal in floor heating/cooling (3 zones), additional Ducted Heat Pump units, HRV Ventilalation, reception foyer, 2 offices, 3 washrooms, data/electrical rooms, mezzanine storage, and municipal water/sewer. Rare large fenced and gated yard area suitable for 53' Tractor Trailer maneuvering. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.40M
Down payment30% · $719K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$155K

Annual cash flow

$22K

Cash-on-cash

3.04%

DSCR

1.16

Going-in cap

6.45%

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

70,910

Households

27,736

Median income

$71,500

Median age

40.7

Daytime population

111,839

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 293 Park Road, Elmsdale.

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.