115 1760 MARINE DRIVE, West Vancouver, BC V7V1J4
$339,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
90%
Rare chance to acquire a flourishing, fully equipped beauty business in prestigious West Vancouver! Located in high-traffic Hollyburn Plaza on Marine Drive, this NAIL SALON benefits from excellent exposure, convenient customer parking, and strong neighbourhood foot traffic driven by surrounding residential high-rises and local retails. Designed 985 sqft layout optimizing service area and workflow, this turnkey operation comes complete with 6 PEDICURE chairs and 4 MANICURE stations ready for seamless operation from Day 1, alongside dedicated space ripe for expansion. Operating under extremely attractive lease terms with a gross rent of just approximately $5200/month (basic and additional rent included) and ample plaza parking for high-end local clientele, this represents an exceptional opportunity for an experienced operator or investor. Serious Inquiries Only! Contact now to Schedule a Viewing! (id:66811)
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Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$383
Cash-on-cash
0.38%
DSCR
1.02
Going-in cap
5.65%
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.
Trade area within 3 miles of the property.
Population
121,378
Households
46,500
Median income
$124,000
Median age
34
Daytime population
164,823
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 115 1760 MARINE DRIVE, West Vancouver.
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.