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$25 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
94%
Exceptional commercial leasing opportunity with incredible Simcoe Street North frontage in rapidly growing North Oshawa. Offering premium visibility, high traffic counts of 18,000+ vehicles daily and exclusive use of a pylon sign at no additional cost. Dedicated parking for 8 vehicles. Ideal for a variety of retail and food-related uses, including pizza, bakery, sandwich/deli, quick-service food establishments, specialty grocery, nail salon and aesthetics. Features include an on-site walk-in cooler, abundant natural light and recent upgrades to all bathrooms, basement lunchroom/office, main-level tiled walls and a newly installed roof. Main building equipped with single-phase 200-amp electrical service, with three-phase power available on site. Basement space of approximately 602 SF to be charged at $10/SF, no TMI. Rent Breakdown: Above Grade: 1,444 SF @ $25/SF Net + TMI @ $13/SF = $4,572.67/month. Basement: 602 SF @ $10/SF = $501.67/month. TOTAL: $5,074.34/month + HST & Utilities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
5.46%
DSCR
1.30
Going-in cap
7.18%
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.
Trade area within 3 miles of the property.
Population
131,327
Households
55,833
Median income
$74,500
Median age
42.1
Daytime population
120,240
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 944 SIMCOE STREET N, Oshawa (Centennial).
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.