For Lease · Office

205 - 128 WELLINGTON STREET W, Barrie (Queen's Park)

205 - 128 WELLINGTON STREET W, Barrie (Queen's Park), ON L4N1K9

$20 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

87%

Lot Size

5084 ac

About this property

9,585 sf High-profile AAA class office space is now available for lease, offering unparalleled brand exposure with prominent signage facing Highway 400. This versatile corporate suite features a well-designed layout including nicely finished space with many windows, several private offices, open work areas and a kitchenette. Can be divided. Perfectly suited for a flagship corporate headquarters or professional services firm. Available Aug 1, 2027. Ample on-site parking available for tenants and visitors. The property is surrounded by shopping, restaurants, and a wide range of amenities. TMI includes utilities. Common area washrooms. Sizes subject to final measurements. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.97%

DSCR

0.79

Going-in cap

4.35%

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

64,623

Households

29,825

Median income

$105,000

Median age

31.5

Daytime population

71,744

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 205 - 128 WELLINGTON STREET W, Barrie (Queen's Park).

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.