For Sale · Retail

2892 ARBUTUS STREET, Vancouver

2892 ARBUTUS STREET, Vancouver, BC V6J0J1

$4.5M total

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

Year Built

2025

About this property

Presenting an exciting opportunity to acquire or lease a brand-new strata retail unit in an exceptional westside neighborhood. 2892 Arbutus Street is comprised of 3,383 SF of leasable area, on the ground floor of The Arbutus, a newly built four-storey, mixed-use residential development with 20 luxury condominiums. Prominently located on the corner of Arbutus and West 13th Avenue, along the Arbutus Greenway, and just three blocks from the future Broadway & Arbutus SkyTrain Station, this retail property benefits from high vehicular exposure and close proximity to future Transit. (id:66811)

Financial sandbox

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Estimate
Purchase price$4.50M
Down payment30% · $1.35M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$21K

Projected NOI

$249K

Annual cash flow

$-520

Cash-on-cash

-0.04%

DSCR

1.00

Going-in cap

5.53%

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

66,133

Households

29,402

Median income

$111,000

Median age

33.4

Daytime population

56,781

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 2892 ARBUTUS 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.