For Lease · Retail

105 19952 79A AVENUE, Langley

105 19952 79A AVENUE, Langley, BC V2Y0E2

$2.0M per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

83%

About this property

PRIME COMMERCIAL OWNERSHIP OPPORTUNITY AT THE SHOPS AT JERICHO! Secure your place in Langley's rapidly growing Willoughby neighbourhood, across from the Langley Events Centre! This versatile 1,637 SF commercial unit offers an exciting opportunity for retail, professional services, boutique businesses or investors seeking a presence in a landmark master-planned community. NEED MORE SPACE? Combine with adjoining CRU 104 for a total of 4,593 SF! The neighbouring unit offers access to a commercial kitchen vent shaft, creating potential for a larger restaurant. Jericho Park features 385 homes and is part of a planned community of 2,000+ residents. Enjoy convenient customer parking, pedestrian-friendly surroundings and proximity to one of Langley's premier sports and entertainment destinations. Anticipated completion May-August 2027. ADJOINING CRU 104 ALSO FOR SALE - MLS #C8083403. This unit can also be available for lease. Inquire for details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.96M
Down payment30% · $589K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$88K

Annual cash flow

$-21K

Cash-on-cash

-3.54%

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.

Area demographics

Trade area within 3 miles of the property.

Population

144,377

Households

59,081

Median income

$114,000

Median age

34.8

Daytime population

235,340

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 105 19952 79A AVENUE, Langley.

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.