For Lease · Industrial

115 5108 NORTH FRASER WAY, Burnaby

115 5108 NORTH FRASER WAY, Burnaby, BC V5J0H1

$20 Yearly

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

87%

Year Built

2018

Clear height

26 ft

Loading docks

7

About this property

Glenlyon Centre is located on North Fraser Way in Burnabys most dynamic and desirable multi-purpose business address. This prime central Metro Vancouver location offers your business all amenities and convenience within a spectacular urban setting. Features include a waterfront park and walkway, shopping & banking close by, excellent vehicle access to all of Greater Vancouvers most strategic business locations via Marine Way, Boundary Road, the Knight Street Bridge, the Richmond Connector, the Trans-Canada Highway, the South Fraser Perimeter Road and Highway 99. The main floor office features excellent glazing providing an abundance of natural light, open area work plan, 28 ounce carpeting, coffee bar and sink and one fully finished washroom. The main floor warehouse features rear grade level loading, 10 ft. clear ceiling heights, 3 phase/100amp electrical supply and painted walls. Four parking stalls included free of charge. Telephone or email listing agents for further information and to book a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.97%

DSCR

0.79

Going-in cap

4.35%

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

78,988

Households

34,764

Median income

$86,500

Median age

43.6

Daytime population

104,545

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 115 5108 NORTH FRASER WAY, Burnaby.

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.