For Sale · Industrial

4 141 Fourth Ave E, Qualicum Beach

4 141 Fourth Ave E, Qualicum Beach, BC V9K2J6

Price on request

1,500 SF

Asset Class

Industrial

Size

1,500 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

89%

Clear height

20 ft

Loading docks

10

About this property

Great exposure in the Heart of Qualicum Beach, ample dedicated parking supplemented by additional on street space. Exceptional and affordable opportunity, 1500 Square Feet, easily adapted to any number of uses. Monthly rent including triple net is $2350.00 plus GST (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,332 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

124,928

Households

54,395

Median income

$127,000

Median age

37.5

Daytime population

187,632

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 4 141 Fourth Ave E, Qualicum Beach.

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.