Business For Sale · Industrial

4 H - WAREHOUSE - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville)

4 H - WAREHOUSE - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville), ON L4A1A9

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

94%

Clear height

35 ft

Loading docks

13

About this property

Warehouse for Lease. 567 sq ft. 17 ft Ceiling Height. One drive-in loading door. Share bathroom with 1st floor tenants. Ample Public Parking Spaces. Located In The Heart Of Stouffville. 3 Mins Drive To Hwy 48. 5 Mins Walk To The Bus Stop. Ebp(14) Zone, permitted uses included: Retail Store, Business Services, Office, Commercial School, Recording Studio, Warehouse, etc. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

122,359

Households

46,776

Median income

$119,000

Median age

33.7

Daytime population

126,111

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 4 H - WAREHOUSE - 117 RINGWOOD DRIVE, Whitchurch-Stouffville (Stouffville).

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.