For Lease · Retail

5 - 649 FOURTH LINE, Oakville (QE Queen Elizabeth)

5 - 649 FOURTH LINE, Oakville (QE Queen Elizabeth), ON L6L5B3

$24 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

97%

Lot Size

1850 ac

About this property

1,850 SQ. FT | EXCELLENT COMMERCIAL LOCATION: Offering approximately 1,850 square feet of retail space, this commercial unit is ideally positioned along Speers Road, an established commercial corridor with convenient access to the QEW and surrounding Oakville communities. IDEAL FOR A VARIETY OF USES: -> Specialty retail and boutique stores -> Health, beauty and wellness services-> Professional and personal services -> Medical services -> Showroom or specialty merchandise businesses. LOCATION HIGHTLIGHTS: -> Established Speers Road commercial corridor -> Convenient QEW access -> Close to residential communities and local businesses -> Excellent opportunity to establish your business in Oakville. (id:66811)

Financial sandbox

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Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.00%

DSCR

0.73

Going-in cap

4.04%

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

120,832

Households

53,824

Median income

$123,000

Median age

37.4

Daytime population

169,337

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 5 - 649 FOURTH LINE, Oakville (QE Queen Elizabeth).

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.