For Lease · Industrial

460 8250 MANITOBA STREET, Vancouver

460 8250 MANITOBA STREET, Vancouver, BC V5X3A2

$857,630 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

85%

Year Built

2025

Clear height

33 ft

Loading docks

7

About this property

Newly constructed 1,234 SF industrial unit in South Vancouver for lease. Suitable for a variety of light industrial and commercial uses, including light manufacturing, warehousing, service businesses and office use. The unit features 13' ceiling heights, 200A 3-phase power, 150 PSF floor loading and an oversized roll-up bay door. 2 designated underground parking stalls. The building offers 3 freight elevators with 8,000-lb capacity, 2 passenger elevators and enhanced security systems, providing excellent functionality for business operations. Amenities include lounge, meeting room, rooftop garden, fitness facility, EV charging, secure bike parking etc. Conveniently located in one of South Vancouver's rapidly developing commercial districts, approximately a 6-minute walk to the Canada Line station. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$858K
Down payment30% · $257K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$40K

Annual cash flow

$-8K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

43,705

Households

19,508

Median income

$115,000

Median age

32.4

Daytime population

69,947

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 460 8250 MANITOBA STREET, Vancouver.

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.