204 8188 MANITOBA STREET, Vancouver204 8188 MANITOBA STREET, Vancouver — photo 2204 8188 MANITOBA STREET, Vancouver — photo 3204 8188 MANITOBA STREET, Vancouver — photo 4204 8188 MANITOBA STREET, Vancouver — photo 5204 8188 MANITOBA STREET, Vancouver — photo 6204 8188 MANITOBA STREET, Vancouver — photo 7204 8188 MANITOBA STREET, Vancouver — photo 8204 8188 MANITOBA STREET, Vancouver — photo 9204 8188 MANITOBA STREET, Vancouver — photo 10
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For Lease · Industrial

204 8188 MANITOBA STREET, Vancouver

204 8188 MANITOBA STREET, Vancouver, BC V5X3A2

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

88%

Year Built

2024

Clear height

30 ft

Loading docks

9

About this property

Opportunity to lease or acquire a modern strata industrial unit at Marine Landing, a premier industrial development in South Vancouver at SW Marine Drive and Manitoba Street. This 2,396 sq. ft. unit features 16 ft ceiling height, 120/208V 3-phase, 200-amp power, One 8' x 10' overhead loading door, front and rear access, and 2 designated parking stalls. Building amenities including grade-level loading access, three freight elevators, shared washrooms, end-of-trip facilities, a communal lounge with kitchen, rooftop patio, fitness centre, and a bookable boardroom. I-2 zoning allows for a variety of light industrial, production, and manufacturing uses. T.I allowance negotiable for qualified tenants. For further information or to arrange a private tour, please contact the listing agent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

142,075

Households

58,391

Median income

$88,500

Median age

31.9

Daytime population

145,968

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 204 8188 MANITOBA STREET, Vancouver.

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.