1/5163 1999 SAVAGE ROAD, Richmond
163 1999 SAVAGE ROAD, Richmond, BC V6V0A5
$1.1M total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
88%
Year Built
2008
Clear height
28 ft
Loading docks
7
About this property
Well-located 2,310 SF strata warehouse/office unit in Rivers Reach Business Park, North Richmond. The unit features 1,510 SF of ground-floor warehouse with 20' clear ceiling height, grade-level loading, 3-phase 100-amp electrical service and overhead natural gas unit heaters, plus an 800 SF second-floor office with three private offices, a kitchenette and abundant natural light. Two washrooms. IL (Light Industrial) zoning accommodates a broad range of distribution, service and light industrial uses. Located just east of No. 6 Road and River Road with access to key business locations throughout Greater Vancouver. An excellent opportunity for an owner-user or investor to secure a functional small-bay industrial unit. Built in 2008. 2025 property taxes: $10,613. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$46K
Annual cash flow
$-14K
Cash-on-cash
-4.32%
DSCR
0.77
Going-in cap
4.25%
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
79,164
Households
31,524
Median income
$127,500
Median age
35.2
Daytime population
87,665
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 163 1999 SAVAGE ROAD, 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.