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$6.7M total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
89%
Year Built
1993
Lot Size
0.3138200183654729 ac
Clear height
28 ft
Loading docks
10
Rare opportunity to acquire a freestanding industrial property along highly visible Bridgeport Road in Richmond. Situated on a large site with ample outdoor area, the property features an expansive and highly functional warehouse area with an exceptional configuration of 10 grade-level loading doors, providing outstanding access and operational flexibility. Rare Auto-Oriented Commercial (CA) zoning permits a wide range of commercial uses, including vehicle sales and rental, vehicle repair, and body/paint operations, making the property particularly well suited for automotive businesses and owner-users. The current configuration has a client meeting area. Strategically located along the Bridgeport commercial corridor with excellent exposure and convenient access to Highway 99, Knight Street, Vancouver International Airport and surrounding Metro Vancouver markets. A unique opportunity combining location, flexible warehouse space, rare zoning and an exceptionally high number of grade-level loading doors. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$31K
Projected NOI
$301K
Annual cash flow
$-71K
Cash-on-cash
-3.53%
DSCR
0.81
Going-in cap
4.48%
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.
Trade area within 3 miles of the property.
Population
85,554
Households
37,837
Median income
$95,000
Median age
33.1
Daytime population
94,273
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 8971 BRIDGEPORT ROAD, Richmond.
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.