For Lease · Office

280 8425 GRANVILLE STREET, Vancouver

280 8425 GRANVILLE STREET, Vancouver, BC V6P0M3

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

Year Built

2026

About this property

Opportunity to lease brand-new office and retail space at W68, prominently located along Granville Street in the heart of Marpole. The premises are offered in shell condition, providing tenants with the flexibility to customize the space to suit their business requirements. Tenant improvement allowance is available for qualified tenants. The property offers strong street-front exposure, excellent accessibility and convenient connections to Downtown Vancouver, Richmond and key arterial routes. Available immediately. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

133,582

Households

51,457

Median income

$81,000

Median age

40.6

Daytime population

147,476

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 280 8425 GRANVILLE 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.