For Lease · Office

217 5589 BYRNE ROAD, Burnaby

217 5589 BYRNE ROAD, Burnaby, BC V5J3J1

$19.75 Yearly

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

98%

Year Built

2008

About this property

750 sq. ft. second floor office primely located in the Riverway Business Park, which is situated just a ½ block off of the high volume intersection of Marine Way and Byrne Road and directly across the street from Marine Way Market and The Big Bend Shopping Centre which host approximately 600,000 sq. ft. of retail services including Cactus Club, VanCity, TD Canada Trust, Canadian Tire, Starbucks and Tim Hortons. This property also enjoys quick and easy access to all major transportation networks linking your company to all of Metro Vancouver's key business markets. Great Byrne Road exposure, this unit features one (1) large executive office, two (2) private offices, boardroom, coffee bar and sink, skylight and opening windows and a private washroom. Two (2) parking stalls included at no extra charge. Please telephone or email listing agents for further details and to book a showing. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.93%

DSCR

0.90

Going-in cap

4.96%

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

103,486

Households

48,414

Median income

$72,500

Median age

42.4

Daytime population

163,246

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 217 5589 BYRNE ROAD, Burnaby.

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.