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Business For Sale · Office

6 Dominic Street, Bishop's Falls

6 Dominic Street, Bishop's Falls, Newfoundland & Labrador A0H1C0

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

95%

About this property

PRIME SPACE AVAILABLE FOR LEASE! Welcome to 6 Dominic Street located in a high traffic area in Bishop's Falls industrial area with quick access to the TransCanada Highway. This modern building has ample paved parking (snow clearing included) and plenty or rear parking for overflow of vehicles. The interior of the building has 4 offices, 5th reception area office, common area, 2 bathrooms, lunchroom, closet space for storage and rear exterior access. The possibilities are endless with this space. Impress your clients or customers when they walk into this professionally looking space. Call today to book a viewing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

111,270

Households

42,377

Median income

$117,000

Median age

37.6

Daytime population

151,065

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 6 Dominic Street, Bishop's Falls.

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.