Business For Sale · Industrial

124 Glencoe Drive, Mount Pearl

124 Glencoe Drive, Mount Pearl, Newfoundland & Labrador A1N4S9

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

95%

Clear height

32 ft

Loading docks

14

About this property

Modern Warehouse for Lease – Donovans Industrial Park This modern industrial warehouse offers 32-foot ceilings, making it ideal for businesses requiring high-volume storage. Located in Donovans Industrial Park, the property boasts easy highway access and ample on-site parking, making logistics and commuting a breeze. Key Features: 32' ceiling height – perfect for racking and maximizing vertical storage 2 dock-level doors with dock levelers for efficient loading and unloading Washroom and utility room included Situated in a well-established industrial park with strong transport links Additional space may be available upon request Lease Inclusions: Snow clearing Lot maintenance Property tax building insurance exterior building maintenance This versatile space is well-suited for warehousing, distribution, light manufacturing, and more. Space is ready for immediate occupancy. Schedule a viewing or inquire about additional space options. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

116,803

Households

50,593

Median income

$86,000

Median age

41.5

Daytime population

195,511

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 124 Glencoe Drive, Mount Pearl.

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.