2908 COMMERCIAL DRIVE, Vancouver
2908 COMMERCIAL DRIVE, Vancouver, BC V5N4C9
Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
94%
Year Built
1956
Clear height
28 ft
Loading docks
3
About this property
Prime East Vancouver location, just minutes away from the Commercial Broadway Skytrain Station and Downtown Vancouver with 24/7 access to a gated private parking lot. The premises is 4940 square feet and is lower level warehouse/storage space with loading and parking in the rear. Units are all inclusive with ultra fast Telus fibre-optic wifi, utilities, 24/7 access, free parking, and individually controlled A/C. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
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
128,745
Households
47,735
Median income
$63,500
Median age
37.1
Daytime population
197,208
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2908 COMMERCIAL DRIVE, Vancouver.
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.