For Sale · Office

4380 SOUTH SERVICE Road Unit# 3, Burlington

4380 SOUTH SERVICE Road Unit# 3, Burlington, ON L7L5Y6

$1.2M total

2,694 SF

Asset Class

Office

Size

2,694 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$464

Occupancy

90%

Year Built

1990

About this property

Discover a remarkable opportunity in Burlington with this high-visibility commercial unit, perfectly suited for entrepreneurs looking to take their business to the next level. Spanning an impressive 2694 sq. ft., this fully renovated space provides a modern and professional environment designed to accommodate various needs. Located in a bustling area with convenient highway access, the property ensures maximum visibility and traffic flow. Parking is abundant, featuring two designated spots that make visits seamless for both clients and staff. The unit has been expertly transformed from top to bottom by Braeburn Group in 2020, showcasing a new furnace, AC, and HVAC system that guarantee comfort and efficiency. Inside, the versatile layout includes a welcoming reception area, a boardroom, six offices, a staff room, a kitchen and four bathrooms. Additionally, the second-floor office area offers the option for separation, providing added privacy. Practical amenities enhance the functionality of the space, featuring a ground-level drive-in door, a laundry facility, and a storage mezzanine for optimal organization. With low condo fees that cover building repairs, landscaping, snow removal, water, and exterior hydro, this property represents a smart investment. For those looking to grow their business in a vibrant community, this turnkey opportunity shouldn’t be missed. Secure a space that marries modern amenities with a strategic location, and invest in your future today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.25M
Down payment30% · $375K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$81K

Annual cash flow

$12K

Cash-on-cash

3.07%

DSCR

1.17

Going-in cap

6.46%

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
Prairie Coffee Roasters953 SF2028-09
Prairie Coffee Roasters580 SF2028-09
Prairie Coffee Roasters883 SF2028-09

Area demographics

Trade area within 3 miles of the property.

Population

115,469

Households

52,702

Median income

$67,500

Median age

41

Daytime population

135,889

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 4380 SOUTH SERVICE Road Unit# 3, Burlington.

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.