For Lease · Industrial

3F 610 DERWENT WAY, Delta

3F 610 DERWENT WAY, Delta, BC V3M5P8

$22.29 Yearly

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

95%

Year Built

1974

Clear height

30 ft

Loading docks

3

About this property

Opportunity to lease 9,960 square feet of versatile commercial space offering a flexible mix of potential uses, including office space, storage facilities, IT/communications operations, etc. The adaptable layout can be divided into smaller leasable areas to accommodate user requirements. Tenant improvements, including the installation of partition walls and flooring modifications, can be negotiated to suit specific business needs. Convenient access to major transportation routes, including Highways 91 and 99, provides efficient connections throughout the Lower Mainland. (id:66811)

Financial sandbox

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Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.26%

DSCR

0.77

Going-in cap

4.26%

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

98,842

Households

36,394

Median income

$90,500

Median age

45.5

Daytime population

141,682

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 3F 610 DERWENT WAY, Delta.

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.