525 Cochrane Drive


Highway 404 and Highway 7
525 Cochrane Drive

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Building Information

Overall Size 57,377 SF Zoning M.C. (100%)
Lot Area 3.473 acres
Parking Free surface; 124 parking stalls
  • Details

    This Property offers an excellent owner occupier opportunity with strong rental income and the option to occupy the vacant space to use for their own business while collecting income from the other tenants in the building. An owner occupier would have the ability to occupy up to 7,632 square feet of office space immediately with potential growth options in the future. The high parking ratio and nearby amenities creates a comfortable work environment for employees and the other tenants. The vacant office space is currently built out and will allow an owner occupier to move in immediately with little cost required to prepare the space. There is an opportunity to have signage on the building and occupy a small portion of the warehouse space (approximately 5,215 square feet)

     

    Office Rentable Area

    27,625 square feet on two floors, 5 suites

     

    Industrial Rentable Area

    24,978 square feet on one floor, 2 units

     

    Storage Area

    4,774 square feet on lower level

     

    Total Rentable Building Area

    57,377 square feet

     

    Tenant Occupancy

    89.44%

     

    Achievable NOI

    $685,443