For Lease · Industrial

109 8468 162 STREET, Surrey

109 8468 162 STREET, Surrey, BC V4N1B4

$20 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

90%

Clear height

25 ft

Loading docks

7

About this property

Fleetwood Business Park is conveniently located just off Fraser Highway with a short drive to Highway 1, Highway 15, and Highway 17; and is just steps away from public transit. Unit 109 features 1,087 square feet of warehouse space with 22' clear ceilings height accessible via a 12' x 14' roll-up door and serviced by a 3-Phase / 100-AMP / 240-Volt power supply. There is also an additional 428 square foot of office space split between two floors and 303 square foot mezzanine. The unit includes two reserved parking stalls. The estimated monthly gross rent is $4,393.50 plus GST. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.47%

DSCR

0.81

Going-in cap

4.50%

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

83,668

Households

38,762

Median income

$70,000

Median age

41.4

Daytime population

100,483

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 109 8468 162 STREET, Surrey.

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.