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Price on request
—
Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
98%
Garage service shop building for lease with offices and outdoor paved area. Former bus company operating location with one bay 14' high door and two bays 12' high doors. Installed compressor unit with lines running throughout shop. High power hot water pressure washer in place. Building second floor has storage space, part room and offices. Busy, high traffic location. ~0.45 acre paved outdoor area assigned to Tenant including 24 parking spaces at the front of building. 1,000sf covered outdoor parking area. Fuel tanks on site usable by the Tenant. Lease rate $8,500/month + utilities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$86K
Annual cash flow
$3K
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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.
Trade area within 3 miles of the property.
Population
128,843
Households
60,665
Median income
$70,500
Median age
42
Daytime population
200,244
5-yr growth
1.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 125 COLLEGE STREET E, Belleville (Belleville Ward).
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.