













1/15105 43995 PROGRESS WAY, West Chilliwack, Chilliwack, BC V2R0E6
Price on request
—
Asset Class
Office
Size
—
Building class
B
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
87%
Year Built
2017
Lot Size
0 ac
This modern, turn-key 3,440-square-foot ground floor unit in Chilliwack sits in a highly accessible location near the Highway 1 and Lickman Road interchange. Most notably, the property's zoning has just been updated to permit medical users, offering a prime opportunity for healthcare practitioners, clinics, and wellness centers. The existing layout is perfectly suited for patient care or general office uses, featuring eight large private offices, a dedicated conference room, and a spacious, welcoming bullpen area with a kitchenette. Your business will benefit directly from Chilliwack's rapidly growing and diverse economy. With significant recent commercial and residential development in the surrounding area, this location drives consistent local traffic and provides a robust, built-in patient and client base for a wide variety of medical and professional services. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
126,303
Households
51,286
Median income
$83,000
Median age
44.3
Daytime population
119,298
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 105 43995 PROGRESS WAY, West Chilliwack, Chilliwack.
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.