For Lease · Office

15 PEARSON Street Unit# 100 & 103, Kitchener

15 PEARSON Street Unit# 100 & 103, Kitchener, ON N2C1L8

$30 per sq ft / yr

4,855 SF

Asset Class

Office

Size

4,855 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

$0

Occupancy

95%

About this property

Brand new, first-class medical/professional space available at Forestview Medical Centre, prominently located at Homer Watson Blvd. in Kitchener. Offering 4,855 sq. ft. of premium first floor space with flexible suite options ideal for medical clinics, practitioners, specialists, therapists, and other professional users. Features include modern exterior, ready for tenant buildouts, and excellent visibility with easy access to major roads and public transit. Multiple size configurations available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

1.81%

DSCR

1.10

Going-in cap

6.08%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters1,981 SF2034-07
Prairie Coffee Roasters2,636 SF2034-07

Area demographics

Trade area within 3 miles of the property.

Population

95,022

Households

33,635

Median income

$120,000

Median age

35.1

Daytime population

160,986

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 15 PEARSON Street Unit# 100 & 103, Kitchener.

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.