For Sale · Retail

1620 4311 HAZELBRIDGE WAY, Richmond

1620 4311 HAZELBRIDGE WAY, Richmond, BC V6X3L7

$298,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

92%

About this property

Prime Retail Investment in Richmond! Located in the heart of the Aberdeen commercial district, this retail unit in Parker Place II offers excellent exposure and convenient access to Canada Line, Aberdeen Centre, and surrounding amenities. Currently tenanted, making it an attractive opportunity for investors seeking rental income and long-term value in one of Richmond's most established commercial hubs. Don't miss this opportunity! Rent:$1,700 and lease till end Feb 2027. (id:66811)

Financial sandbox

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Estimate
Purchase price$298K
Down payment30% · $89K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-600

Cash-on-cash

-0.67%

DSCR

0.96

Going-in cap

5.34%

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

43,245

Households

19,653

Median income

$111,500

Median age

32.2

Daytime population

45,537

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 1620 4311 HAZELBRIDGE 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.