Ex-Sundale Building
This building is in the industrial pulse of St. Thomas - a highly trafficked area, located less than five minutes away from the Warrens and Welches commercial hubs. The spaces showroom, warehousing, and office spaces are divided as follows:
| Square footage | |
| Ground floor retail showroom | 3,216 |
| Ground floor warehouse/receiving bay | 827 |
| First floor warehouse - 350 pallets | 5,938 |
| First floor offices - south access | 686 |
| Mezzanine warehouse | 1,118 |
| Total square footage | 11,785 |
| Rent per square foot | $2.50 |
In addition, there will be a monthly 50 cents per sq ft Common Area Maintenance (CAM) charge - $5,892.50 plus VAT. All utilities costs will be borne by the tenant.
The spaces are for rental in 'as is' condition. However, the tenant will have the option to negotiate any required upgrading or retrofitting with the Landlord.
The building is engineering strong with steel-reinforced cement brick exterior walls and load-bearing concrete floors to accommodate heavy loads. It is powered by a photovoltaic system with 150Kw rating installed in September 2015 for energy saving purposes.
The tenant will occupy the prime front section of the building where the sales and showroom will be on one side and receiving and distribution away on the other.
This is an investment opportunity with Return on Investment (ROI) and is available for immediate tenancy.
Rent: $29,462.50 per month, plus VAT
CAM: $5,892.50 per month, plus VAT
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