402 8318 120 STREET, Surrey402 8318 120 STREET, Surrey — photo 2402 8318 120 STREET, Surrey — photo 3402 8318 120 STREET, Surrey — photo 4402 8318 120 STREET, Surrey — photo 5402 8318 120 STREET, Surrey — photo 6402 8318 120 STREET, Surrey — photo 7402 8318 120 STREET, Surrey — photo 8402 8318 120 STREET, Surrey — photo 9402 8318 120 STREET, Surrey — photo 10402 8318 120 STREET, Surrey — photo 11402 8318 120 STREET, Surrey — photo 12402 8318 120 STREET, Surrey — photo 13402 8318 120 STREET, Surrey — photo 14402 8318 120 STREET, Surrey — photo 15
1/15
For Lease · Office

402 8318 120 STREET, Surrey

402 8318 120 STREET, Surrey, BC V3W3N4

$60.75 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

87%

About this property

Office space available for lease in a modern retail and professional complex, offering excellent visibility and a welcoming business environment. The unit features expansive windows that provide abundant natural light, creating a bright and inviting workspace. Ample visitor parking is available at the front, rear, and underground levels, with EV charging stations, accessible parking stalls, and designated carpool spaces. Additional building amenities include secure underground bicycle storage and second-floor shower facilities. The ground floor occupants are Westcoast X-Rays, a medical clinic, and a pharmacy, creating an established professional setting. The space offers flexibility to customize the layout to meet your business requirements and is ideally suited for legal, medical, dental, chiropractic, physiotherapy, accounting, and other professional office uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$61
Down payment30% · $18
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$-0

Cash-on-cash

-1.08%

DSCR

0.94

Going-in cap

5.22%

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

82,697

Households

32,579

Median income

$113,000

Median age

35.1

Daytime population

104,842

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 402 8318 120 STREET, Surrey.

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.