For Lease · Specialty

1100 SOUTH SERVICE Road Unit# 114, Stoney Creek

1100 SOUTH SERVICE Road Unit# 114, Stoney Creek, ON L8E0C5

$1.5M per sq ft / yr

3,875 SF

Asset Class

Specialty

Size

3,875 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$386

Occupancy

94%

Year Built

2008

Lot Size

5.315 ac

About this property

Clean, bright office/industrial unit facing the QEW in Stoney Creek with excellent signage and exposure. The space is part of a modern multi unit prestige Industrial/Commercial/Office complex. Space consists of approximately 3,000 sq ft on the ground floor. (approx 1,650 sq ft of office/showroom and 1,350 sq ft of warehouse space) and an additional 294 sq ft steel-framed mezzanine platform adding additional warehouse space. Two washrooms are on the ground floor plus 5 private offices, a boardroom, kitchenet and reception area. The second floor adds an additional 875 sq ft of office space with a conference room, 2 bright offices with floor to ceiling windows and another kitchenet. The unit has a drive-in door, 600-volt, 3-phase hydro service and radiant heat in the warehouse, along with 5 parking spots plus ample additional free parking on site. Just minutes from the Fruitland Road/QEW exit. Plenty of amenities nearby and in close proximity to Winona Crossings, Go Station and more. Don’t miss out on this remarkable opportunity. Also available for lease-to-own for qualified tenants. Condo fee is $927.73/month (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.49M
Down payment30% · $448K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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
Cascade Foods Inc.2,269 SF2034-05
Cascade Foods Inc.859 SF2034-05
Cascade Foods Inc.518 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

81,329

Households

36,469

Median income

$97,000

Median age

45.6

Daytime population

126,120

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 1100 SOUTH SERVICE Road Unit# 114, Stoney Creek.

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.