For Sale · Office

701 2992 GLEN DRIVE, Coquitlam

701 2992 GLEN DRIVE, Coquitlam, BC V3B0A3

$48 total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

95%

Lot Size

0.014761248852157943 ac

About this property

Wow,Wow Great size office in the 7th floor of the Diagram Building, facing West available now. The building Designed by Rositch Hemphill Architects and built by Cressey, Diagram offers business owners the opportunity to own strata office space in an architecturally stunning, 15-storey boutique office tower. Customizable interiors and flexible layouts, Diagram brings a unique opportunity to create space that guarantees comfort, efficiency and convenience in "A" Plus building. Located along the vibrant Glen Drive, close to Pinetree Way and just north of Coquitlam Centre.The building is located at the centre of Coquitlam's commercial hub. Walk & enjoy benefit from great shopping, convenient transit access, and a diversified landscape - within minutes you can find yourself surrounded by an abundance of shops, services, boutiques and restaurants, library ,medical offices. There is one parking stall included. There are 25 visitors parking in the building. (id:66811)

Financial sandbox

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Estimate
Purchase price$48
Down payment30% · $14
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$4

Annual cash flow

$1

Cash-on-cash

6.88%

DSCR

1.37

Going-in cap

7.60%

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

100,504

Households

42,217

Median income

$78,500

Median age

42.7

Daytime population

85,575

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 701 2992 GLEN DRIVE, Coquitlam.

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.