For Lease · Industrial

18877 96 AVENUE, Surrey

18877 96 AVENUE, Surrey, BC V4N3P3

$19.95 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

84%

Clear height

26 ft

Loading docks

2

About this property

Built by Teck Construction in 2016, 18877 96th Avenue offers a highly functional industrial facility with prominent frontage along Port Kells' primary east-west thoroughfare. Excellent exposure and corporate signage opportunities are complemented by convenient truck access along 96th Avenue. The property features 26' clear ceiling height, two grade-level and two dock-level loading doors with levelers, and 157' of truck maneuvering room for efficient shipping and receiving. Additional features include 600 amp, 600 volt, 3-phase electrical service, ESFR sprinklers, LED lighting, efficient column spacing and ample on-site parking. Convenient access to the Trans-Canada Highway, Highway 15 and the South Fraser Perimeter Road provides connectivity to key regional markets (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.44%

DSCR

0.76

Going-in cap

4.21%

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

61,979

Households

23,395

Median income

$110,000

Median age

31.6

Daytime population

56,525

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 18877 96 AVENUE, Surrey.

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.