1/2106 7883 199B STREET, Langley
106 7883 199B STREET, Langley, BC V2Y0E2
$3.6M per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
87%
About this property
FOR SALE - 2,968 SF COMMERCIAL STRATA UNIT AT JERICHO PARK. Located in Building 4 of Essence Properties' master-planned development in Willoughby, Langley. This commercial unit offers a substantial floor area suitable for a range of retail, showroom, professional office and service-oriented uses, subject to approvals. Strategically positioned near the Langley Events Centre, with convenient access to 200th Street, Highway 1 and surrounding residential and commercial developments. The project includes dedicated commercial parking, pedestrian connections and a growing surrounding population. An opportunity for owner-occupiers or investors to acquire commercial space within an expanding mixed-use development. ALSO AVAILABLE FOR LEASE. Contact listing brokers for further information. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$16K
Projected NOI
$172K
Annual cash flow
$-26K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
65,908
Households
30,470
Median income
$122,500
Median age
34.1
Daytime population
76,473
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 106 7883 199B STREET, Langley.
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.