For Lease · Industrial

265 FRONT STREET North Unit# 405, Sarnia

265 FRONT STREET North Unit# 405, Sarnia, ON N7T7V4

$7.5 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

88%

Year Built

1970

Clear height

20 ft

Loading docks

3

About this property

4TH FLOOR NORTH FACING UNIT WITH SPECTACULAR VIEWS OF THE ST CLAIR RIVER. TOP QUALITY OFFICE SPACE IN PROFESSIONAL BUILDING. 265 FRONT ST IS SITUATED IN SARNIA'S DOWNTOWN CULTURAL/BUSINESS DISTRICT. SPACE AVAILABLE IS 3240 SQFT. AND CAN BE DIVIDED TO 2000 AND 1240 SQFT UNITS. BUILDING AMENITIES ARE NUMEROUS AND INCLUDE: UNDERGROUND PARKING AND SURFACE GUEST PARKING AREA, WHEELCHAIR ACCESSIBILITY, MAIN FLOOR RESTAURANT, GREAT VIEWS, CONFERENCE CENTRE, SECURITY, OUTSIDE COMMON AREAS, PROFESSIONALLY CLEANED AND MANAGED AND MORE. LEASE RATE IS PLUS HST AND CAMT ESTIMATED AT $17.49 WHICH INCLUDES UTILITY COSTS. PLEASE CONTACT LISTING REALTOR FOR FLOOR PLAN. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8
Down payment30% · $2
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

128,128

Households

49,926

Median income

$95,500

Median age

44

Daytime population

207,216

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 265 FRONT STREET North Unit# 405, Sarnia.

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.