For Lease · Office

212 - 331 BAYFIELD STREET, Barrie (Bayfield)

212 - 331 BAYFIELD STREET, Barrie (Bayfield), ON L4M3C2

$13.5 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

94%

About this property

1040 sf 2nd floor office space for lease with elevator in building. 4 offices with furniture available for a turn key office. Existing furniture on site included at no cost to tenant. Currently Edward Jones Office. High exposure located on busy Bayfield St, close to Hwy 400 and on bus route. Excellent signage on building and pylon available at current plaza rates. $13.50/sf/yr & $16.50/sf/yr TMI includes utilities (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.74%

DSCR

1.26

Going-in cap

6.96%

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

132,920

Households

59,161

Median income

$80,000

Median age

43.7

Daytime population

183,572

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 212 - 331 BAYFIELD STREET, Barrie (Bayfield).

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.