For Lease · Office

112 212-1151 BRIDGEPORT ROAD, Richmond

112 212-1151 BRIDGEPORT ROAD, Richmond, BC V6X1T4

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

99%

Year Built

1977

About this property

Excellent leasing opportunity at #112 ' 11511 Bridgeport Road, Richmond! Offering approximately 3,058 sq. ft. over two levels, featuring 1,565 sq. ft. on the ground floor and an additional 1,493 sq. ft. on the second floor. Zoned for industrial and retail uses, this versatile space offers excellent flexibility for a variety of business operations, retail, showroom, and commercial applications. Conveniently located along Bridgeport Road in an established commercial and industrial area, with easy access to major transportation routes and surrounding amenities. Gross Monthly Rent: $8,934.45 + GST. An excellent opportunity for businesses looking for a flexible, multi-level space in a convenient Richmond location. Contact listing agent for further details or to arrange a private viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

49,866

Households

17,440

Median income

$97,000

Median age

43.8

Daytime population

69,568

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 112 212-1151 BRIDGEPORT ROAD, Richmond.

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.