For Lease · Retail

6A - 111 SHERWOOD DRIVE, Brantford

6A - 111 SHERWOOD DRIVE, Brantford, ON N3T6J9

$18 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

2567 SQUARE FEET OF RETAIL SPACE AVAILABLE IN BRANTFORD'S BUSTLING CORDAGE HERITAGE DISTRICT. Be amongst thriving businesses such as: The Rope Factory Event Hall, Yarn Bar, Spool Takeout, Sassy Britches Brewing Co., Mon Bijou Bride, Cake and Crumb -- the list goes on! Located in a prime location in Brantford and close to public transit, highway access, etc. Tons of parking, and flexible zoning! This unit has glass drive in doors, 22' ceilings and private restrooms. Unit as pictured is currently -5000 sq ft, and will be split into two ~2500 sq ft units. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.80%

DSCR

0.90

Going-in cap

5.00%

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

76,360

Households

35,579

Median income

$85,500

Median age

31.6

Daytime population

118,102

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 6A - 111 SHERWOOD DRIVE, Brantford.

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.