For Lease · Office

135 12128 HORSESHOE WAY, Richmond

135 12128 HORSESHOE WAY, Richmond, BC V7A4V1

$16 Yearly

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Asset Class

Office

Size

—

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

90%

Year Built

2024

About this property

Introducing Ironwood Landing, a premier development situated in South Richmond. second-level office spaces for rent only. Designated as Industrial Business Park (IB1) zoning, Ironwood Landing is ideally suited for a diverse range of business uses, including office spaces. It boasts an excellent location with easy access to Highway 99, Vancouver International Airport, and the USA border. Additionally, nearby amenities include Ironwood Plaza, providing a variety of retail and dining options. Ironwood Landing offers easy viewing and fast vacant possession, seamlessly blending functionality, accessibility, and contemporary design. This makes it an exceptional opportunity for businesses seeking a prime location in Richmond. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.28%

DSCR

1.02

Going-in cap

5.63%

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

99,059

Households

38,259

Median income

$96,500

Median age

33.5

Daytime population

110,587

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 135 12128 HORSESHOE WAY, Richmond.

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.