For Lease · Land

75 SPRUCE STREET E, Aylmer

75 SPRUCE STREET E, Aylmer, ON N5H0A2

$1,500 per sq ft / yr

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Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

86%

Lot Size

3.5 ac

About this property

Fully fenced and secure 3.5 acre industrial yard available for lease. Zoned M-2 Heavy Industrial and available immediately. The yard is suitable for outdoor storage, equipment storage, vehicle and trailer parking, material staging, contractor yard use, and logistics support. Asking rate is $1500/acre/month for a minimum one-year term, equal to $5,250/month for the full 3.5 acre yard. Shorter term or month-to month arrangements are available at $2000/acre/month, equal to $7000 month for the full yard. Landlord insurance and property taxes are included; tenant is responsible for maintenance. Approximately 18km for the new PowerCo/Volkswagon battery plant in St. Thomas, with nearby access to St.Thomas, Tillsonburg, Ingersoll, London, and Woodstock. For all inquiries contact Steven Cuthbert at 226-377-6095 (id:66811)

Financial sandbox

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Estimate
Purchase price$2K
Down payment30% · $450
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7

Projected NOI

$71

Annual cash flow

$-12

Cash-on-cash

-2.70%

DSCR

0.85

Going-in cap

4.73%

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

82,998

Households

36,467

Median income

$126,000

Median age

37.4

Daytime population

72,809

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 75 SPRUCE STREET E, Aylmer.

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.