Burnaby Industrial Complex
7500 Lougheed Highway, Burnaby, BC
$32M
145,000 SF
Asset Class
Industrial
Size
145,000 SF
Building class
C
Zoning
IL — Light Industrial
Cap rate
4.90%
NOI
$1.57M
$ / SF
$221
Occupancy
93%
Year Built
2012
Clear height
29 ft
Loading docks
7
About this property
Multi-tenant industrial complex with strong in-place NOI.
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$148K
Projected NOI
$1.42M
Annual cash flow
$-357K
Cash-on-cash
-3.72%
DSCR
0.80
Going-in cap
4.43%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 59,970 SF | 2032-04 |
| Meridian Health Group | 74,155 SF | 2032-04 |
Area demographics
Trade area within 3 miles of the property.
Population
121,042
Households
47,722
Median income
$66,500
Median age
40.5
Daytime population
189,728
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Burnaby Industrial Complex.
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.