Business For Sale · Retail

11750 CONFIDENTIAL, Vancouver

11750 CONFIDENTIAL, Vancouver, BC V0V0V0

$399,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

90%

About this property

This nicely decorated Mediterranean Restaurant features a fully vented commercial kitchen with an 18-foot commercial hood and a walk-in cooler. The space has a total area of 1,750 square feet with a liquor license and can comfortably accommodate 45 inside seats and a patio. The gross rent is $6,50 per month, which includes property taxes and No Demo Clause. Call listing agent for more details and to arrange a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$-2K

Cash-on-cash

-1.79%

DSCR

0.90

Going-in cap

5.00%

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

124,630

Households

47,940

Median income

$104,000

Median age

45.8

Daytime population

120,577

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 11750 CONFIDENTIAL, Vancouver.

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.