Business For Sale · Specialty

1310 1315-8888 ODLIN CRES, Richmond

1310 1315-8888 ODLIN CRES, Richmond, BC V6X3Z8

Price on request

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

86%

About this property

970 sqft retail unit facing Cambie Rd. Located in the famous Pacific Plaza, this newly renovated space is perfect for your business! Aberdeen Village (City Centre) - Industrial Limited Retail zoning (ZI2) allows a wide variety of usage. Fully renovated in 2022! Current improvements include brand new flooring, ceiling, remodelled bathroom (handicap accessible), 4 treatment rooms (each with a sink), reception area, staff room/laundry, and storage room. The unit also has Air Conditioning and is easily accessible from the parking lot. Newly installed piping for all the plumbing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

52,071

Households

20,683

Median income

$136,000

Median age

38.6

Daytime population

59,970

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 1310 1315-8888 ODLIN CRES, Richmond.

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.