For Lease · Industrial

1935 11 Avenue Unit# 6, Vernon

1935 11 Avenue Unit# 6, Vernon, BC V1T9A9

$10 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Clear height

25 ft

Loading docks

9

About this property

Opportunity to lease 6,954 SF at Unit #6 1935 11th Avenue. This space has one overhead grade-level loading door (14x12), 200A 3-phase power, plenty of on-site parking and pylon signage. The ceilings are 24' in height (to be verified). This property being zoned INDL (Light Industrial), allows for a wide variety of industrial and service commercial uses. Please contact the listing agents for more information, and ask about the Landlord's 'Free Rent Incentive' for qualified tenants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

9.20%

DSCR

1.50

Going-in cap

8.30%

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

49,128

Households

17,585

Median income

$116,500

Median age

35.6

Daytime population

42,839

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 1935 11 Avenue Unit# 6, Vernon.

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.