For Lease · Land

170 WILHELMINA ROAD, King

170 WILHELMINA ROAD, King, ON L3Y4V9

Price on request

2,400 SF

Asset Class

Land

Size

2,400 SF

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

90%

Lot Size

2400 ac

About this property

Agricultural Service Building for Lease. Approx. 2,400 sq.ft. freestanding building located in King Township. Ideal for agricultural operators, contractors, or storage users. Features include a drive-in garage door, separate entrance, and approximately 16 ft clear height. Recently upgraded exterior and roof in excellent condition. Clean, open space suitable for a variety of agricultural and farm-related uses. Previously used for farm equipment repair and storage. Zoning: Agricultural (AS). Tenant to verify permitted uses with the Township of King. Tenants pay utilities. Ample outdoor space for parking, equipment and flexible use. Rent is subject to HST, if applicable. Available immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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.1,469 SF2031-04
Cascade Foods Inc.701 SF2031-04

Area demographics

Trade area within 3 miles of the property.

Population

120,991

Households

50,306

Median income

$106,000

Median age

31.1

Daytime population

106,968

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 170 WILHELMINA ROAD, King.

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.