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Investment signal

$7,850,000

7980 Menard STREET

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Beds

Baths

Sqft

Year

2009

Type

Industrial

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Windsor. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

LEASE EXTENDED!! THIS AMAZING INVESTMENT OPPORTUNITY LEASED INTO 2035 IS LOCATED AT THE BUSY INTERSECTION OF LAUZON & WYANDOTTE. THIS PROPERTY IS IN GREAT SHAPE AND OFFERS LONG-TERM FINANCIAL STABILITY.  THE BUILDING WAS BUILT IN 2009 AND IS LEASED UNDER A NNN LEASE TO SHOPPERS DRUG MART, WHICH IS ONE OF THE STRONGEST NATIONAL TENANTS TO AQUIRE. PLEASE CONTACT LISTING AGENT TO RECEIVE A CONFIDENTIALITY AGREEMENT AND MORE DETAILED INFORMATION REGARDING THE PROPERTY. (id:65958)

Subtype
Industrial
Common interest
Freehold
Lot dimensions
132.25 X / 1.26 AC
On market
Apr 22, 2026
Status changed
Apr 23, 2026
Zoning
CD2.1
Photos
8
MLS#
26008717
Area
WINDSOR

Features and systems

Heating

Forced airElectricNatural gas

Cooling

Air Conditioned
Negative cash flow ~$8,023/mo at these assumptions

Cash on cash

-6.13%

Cap rate

3.64%

GRM

16.7

Break-even rent

$47,695

Financing

Down payment$1,570,000
Loan amount$6,280,000
Mortgage$31,820/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$3,598
Insurance$80
Maintenance$6,542
CapEx reserve$3,271
Vacancy loss$1,963

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $31,820/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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