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For Lease · Land

13170 KATONIEN STREET, Maple Ridge

13170 KATONIEN STREET, Maple Ridge, BC V2W0J2

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

88%

Lot Size

1.0179981634527089 ac

About this property

Prime opportunity to lease a flat fully usable ACRE of industrial land. Corner lot in the thriving Kanaka Business Park in Maple Ridge - one of Metro Vancouver's fastest-growing industrial corridors. The lot is level, graveled, and fully fenced, which is perfect for storage of equipment or materials. This lot is strategically located just east of 256th Street and north of Dewdney Trunk Road, with quick access to Lougheed Highway and the Golden Ears Bridge connecting you to Langley and the broader. Zoned M-2 (General Industrial), the site permits a wide array of industrial activities. Lease terms are flexible and lot is available immediately. Lease the whole lot or lease a section for your business.(Please do not walk on the lot without and appointment). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

104,012

Households

40,343

Median income

$133,500

Median age

35.8

Daytime population

140,640

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 13170 KATONIEN STREET, Maple Ridge.

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.