For Lease · Industrial

155 DENNIS Road Unit# 2,3, St. Thomas

155 DENNIS Road Unit# 2,3, St. Thomas, ON N5P0B6

$12.5 per sq ft / yr

43,525 SF

Asset Class

Industrial

Size

43,525 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

97%

Clear height

29 ft

Loading docks

11

About this property

Prestigious Industrial building in North St. Thomas with good Highway 401 access. Multiple leasing opportunities in this Multi-Tenant Building 17,379 - 43,525 sf available. Lots of onsite parking, flexible (EL) Employment Lands zoning. Detailed leasing package available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

7.40%

DSCR

1.40

Going-in cap

7.76%

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
Meridian Health Group42,306 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

142,410

Households

53,441

Median income

$107,500

Median age

44.4

Daytime population

224,806

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 155 DENNIS Road Unit# 2,3, St. Thomas.

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.