Business For Sale · Retail

135 4000 NO. 3 ROAD, Richmond

135 4000 NO. 3 ROAD, Richmond, BC V6X0J8

$50,000 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

ers, office workers and shoppers. The space is currently operated as a sushi restaurant and features an existing single-family venting system, making it well suited for a variety of food concepts, including bubble tea, poke, dessert or casual dining. An attractive option for family-operated businesses or first-time entrepreneurs seeking a well-located food service space with existing infrastructure. Showing by appointment only. Please do not disturb staff. (id:66811)

Financial sandbox

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Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$3K

Annual cash flow

$-61

Cash-on-cash

-0.41%

DSCR

0.98

Going-in cap

5.42%

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

118,942

Households

41,262

Median income

$131,000

Median age

38.8

Daytime population

163,416

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 135 4000 NO. 3 ROAD, 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.