For Lease · Office

221 12005 238B STREET, Maple Ridge

221 12005 238B STREET, Maple Ridge, BC V4R1W1

$17 Yearly

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Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

90%

Year Built

2007

About this property

This is a prominent building on Dewdney Trunk Road 2 storey office & retail building located in the Maple Ridge area on the corner of 238B & Dewdney Trunk Road. This office on the 2nd floor has easy access & a stunning mountain view. This Plaza is centrally located: Next to transit, easy access to all major higway, surrounded by major shopping hub and New townships, etc. and many more amenities. This space is a fully habituated neighborhood. Unit #221 is 1108 sqft on the second floor. This unit is ideal for professional office, business school/trade school, semi retail use etc. Or bring your ideas and the landlord is ready to work with them. (id:66811)

Financial sandbox

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Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-0.82%

DSCR

0.96

Going-in cap

5.29%

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

46,313

Households

21,606

Median income

$90,000

Median age

41.4

Daytime population

58,133

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 221 12005 238B STREET, Maple Ridge.

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.