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$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
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)
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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.
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 953 SF | 2028-09 |
| Prairie Coffee Roasters | 580 SF | 2028-09 |
| Prairie Coffee Roasters | 883 SF | 2028-09 |
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.
Confidential diligence documents for 4380 SOUTH SERVICE Road Unit# 3, Burlington.
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.