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$21.5 Yearly
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
93%
Year Built
1990
Clear height
24 ft
Loading docks
7
Well-located 1,822 sq. ft. industrial warehouse unit in the established Hammersmith Business Park in South Richmond. The functional layout features a bright front office/showroom area, open warehouse space, private washroom, utility room and one grade-level loading door. Ceiling heights measure approximately 11'3" in the front portion and up to 24'3" in the warehouse, providing excellent flexibility for storage and a variety of business operations. IB zoning accommodates a broad range of general industrial, warehouse, manufacturing and other permitted business uses. Conveniently located near Ironwood Plaza, Steveston Highway, No. 5 Road and Highway 99, offering efficient access throughout Richmond, Vancouver and the Lower Mainland. Available for a long-term lease. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-4.05%
DSCR
0.78
Going-in cap
4.33%
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
58,918
Households
20,913
Median income
$80,500
Median age
43.5
Daytime population
71,588
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 128 11860 HAMMERSMITH WAY, Richmond.
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.