Business For Sale · Industrial

597 OUELLETTE AVENUE, Windsor

597 OUELLETTE AVENUE, Windsor, ON N9A4J3

Price on request

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

82%

Clear height

34 ft

Loading docks

12

About this property

NOW AVAILABLE FOR LEASE CORNER OF WYANDOTTE & OUELLETTE AVENUE. LOCATED MINUTES FROM THE INTERNATIONAL BORDER CROSSING. PROFESSIONAL OFFICES OR RETAIL SITE, THIS 2 STOREY BUILDING WITH EXCELLENT EXPOSURE ON THE CORNER OF WINDSOR'S BUSIEST STREET IS NOW AVAILABLE. 4,044 SQ FT PER FLOOR. CAN BE LEASED PER FLOOR OR TOTAL 8,088 SQ FT. 26 ON-SITE PARKING. THIS BUILDING HAS MANY OFFICES ALREADY BUILT OUT AND PERFECT FOR PROFESSIONAL OFFICE SPACE. CALL L/S FOR PERSONAL SHOWING. LANDLORD INCENTIVES AVAILABLE FOR QUALIFIED TENANT. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

98,117

Households

38,166

Median income

$111,500

Median age

34.6

Daytime population

164,188

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 597 OUELLETTE AVENUE, Windsor.

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.