
108 3855 HENNING DRIVE, Burnaby, BC V5C6N3
$1.3M total
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Asset Class
Office
Size
—
Building class
A
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
91%
Year Built
1995
High exposure corner Office space located in Bridge Business Park only a ½ block from the Gilmore Skytrain Station. Widely considered to be the geographical center of Metro Vancouver, this property provides excellent access to all key Metro Vancouver business locations via the Trans-Canada Highway, the Lougheed Highway, Boundary Road, 1st Avenue to the Downtown Core. This main floor fully air conditioned unit features 200 amp electrical power, ceramic tile flooring, pot track and fluorescent lighting, two (2) private offices, boardroom, carpeting throughout private office area and one (1) washroom. 1,292 square feet of the space has operated as a café since 1992 and could continue as a café. A business license for café is to be verified with the City of Burnaby. The unit also includes 4 dedicated parking stalls out front of unit. Please telephone or email listing agents for further information and to book a showing. (id:66811)
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Monthly debt service
$6K
Projected NOI
$82K
Annual cash flow
$8K
Cash-on-cash
2.10%
DSCR
1.11
Going-in cap
6.17%
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
144,494
Households
50,541
Median income
$68,000
Median age
37.6
Daytime population
164,892
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 108 3855 HENNING DRIVE, Burnaby.
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.