For Lease · Retail

2699 GRANVILLE STREET, Vancouver

2699 GRANVILLE STREET, Vancouver, BC V6H3H2

Price on request

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

98%

Year Built

1980

About this property

3,195 CORNER retail for lease takeover at Granville Street and West 11th Avenue. This is a premier retail location in the heart of South Granville. The space is in excellent condition and has been renovated by the current tenant operating - Dajue Collection - retail luxury home furniture, art work, small home decorations with Buddhist theme and retail of Buddhist statues (inventory for sale and can be negotiated however, business name not for sale). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

72,707

Households

27,397

Median income

$130,500

Median age

40.2

Daytime population

109,451

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 2699 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.