For Lease · Office

182B Tranquille Road, Kamloops

182B Tranquille Road, Kamloops, BC V2B3G1

$20 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

91%

About this property

A commercial leasing opportunity is available on Tranquille Road's main artery, offering high street visibility. The approximately 1,600 sqft space is fully finished with five offices, a spacious boardroom, reception area, printing room, staff kitchen, bathroom, and rear door access for loading and unloading. Situated on a major bus route, this CNS-zoned property is well-suited for office use, personal services, counselling, education, training, trade, technology, and other uses. The property includes multiple rear parking spaces and a secured yard. Total rent is $4,000 per month (basic rent of $20/sqft plus additional rent of $10/sqft), + GST. Tenants are responsible for paying utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.30%

DSCR

0.82

Going-in cap

4.55%

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

74,544

Households

26,680

Median income

$80,500

Median age

42.7

Daytime population

103,190

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 182B Tranquille Road, Kamloops.

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.