
1/2105 19952 79A AVENUE, Langley, BC V2Y0E2
$2.0M per sq ft / yr
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
83%
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)
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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.
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.
Confidential diligence documents for 105 19952 79A AVENUE, 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.