1/3104 19952 79A STREET, Langley
104 19952 79A STREET, Langley, BC V2Y0E2
$3.5M total
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
86%
About this property
PRIME RESTAURANT & SPORTS BAR OPPORTUNITY AT THE SHOPS AT JERICHO! Exceptional 2,956 SF corner commercial unit in Langley's growing Willoughby neighbourhood, just across from the Langley Events Centre! Designed with food service in mind, this high-profile space offers access to a commercial kitchen vent shaft, ideal for a restaurant, sports bar, pub or exciting hospitality concept. Need more room? Combine with adjoining CRU 105 for a total of 4,593 SF, with potential to expand further into CRU 106. Part of Essence Properties' landmark Jericho master-planned community, featuring 385 homes in Jericho Park and a planned larger community of 2,000+ residents. Convenient customer parking, pedestrian-friendly surroundings and excellent exposure to a growing neighbourhood. Anticipated completion May-August 2027. AVAILABLE FOR SALE OR LEASE to qualified operators! Inquire today to schedule an onsite tour, or for more information. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$16K
Projected NOI
$166K
Annual cash flow
$-30K
Cash-on-cash
-2.84%
DSCR
0.85
Going-in cap
4.69%
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.
Area demographics
Trade area within 3 miles of the property.
Population
124,522
Households
46,730
Median income
$130,000
Median age
37.9
Daytime population
119,316
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 104 19952 79A STREET, Langley.
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.