For Sale · Industrial

112 13375 76 AVENUE, Surrey

112 13375 76 AVENUE, Surrey, BC V3W6J3

$1.2M total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

100%

Clear height

32 ft

Loading docks

12

About this property

COURT-ORDERED SALE. Own your space in one of Surrey's established light-industrial pockets. Unit 112 at 13375 76 Avenue has 2,540 sq. ft. in total: a 2,080 sq. ft. ground floor plus a 460 sq. ft. mezzanine, suitable for office, showroom or extra storage. The unit is in a well-maintained strata complex on a 4.39-acre site with ample surface parking for staff and customers. The location gives quick access to King George Boulevard and the wider Newton commercial area, along with connections to South Surrey and Langley. Flexible IL zoning permitting a variety of industrial uses. An ideal opportunity for an owner-user or investor. Can be sold together with Unit 113. Call for additional details. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.19M
Down payment30% · $356K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$77K

Annual cash flow

$11K

Cash-on-cash

3.14%

DSCR

1.17

Going-in cap

6.48%

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

48,872

Households

18,742

Median income

$137,500

Median age

40.2

Daytime population

76,355

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 112 13375 76 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.