For Lease · Office

280 7580 RIVER ROAD, Richmond

280 7580 RIVER ROAD, Richmond, BC V6X1X6

$22 Yearly

—

Asset Class

Office

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

91%

Year Built

1990

About this property

The subject property is located in the Southview Building just steps away from the Fraser River, near the intersection of No. 3 Road and Cambie Road. Southview Building enjoys quick and easy access to all major transportation networks such as Brighouse Skytrain Station, the Vancouver International Airport and Highway 99. This second floor office is currently set up as a dental office but boasts tons of future potential. Current features include reception area, modeling room, general production area, ceramic room, breakroom, storage room and has HVAC throughout. Thirteen (13) parking stalls also available free of charge. Please telephone or email listing agents for further details and to book a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.68%

DSCR

0.75

Going-in cap

4.14%

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

39,836

Households

16,312

Median income

$134,000

Median age

38.6

Daytime population

49,797

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 280 7580 RIVER ROAD, 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.