For Lease · Specialty

2330 Highway 97S Unit# B110, Westbank

2330 Highway 97S Unit# B110, Westbank, BC V4T2P3

Price on request

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

89%

About this property

Don't miss out on this opportunity to lease space in the Westbank Shopping Centre! One of the major shopping centres on the Westside. Situated directly adjacent to the high-traffic Tim Hortons and Wendy’s drive-thru, and neighbouring established national retailers including Dollarama, TD, and White Spot, this prime location offers outstanding exposure and strong foot traffic in one of the fastest-growing communities in British Columbia. With convenient access points directly off Highway 97, and ample on-site customer parking, this space is ideal for a wide variety of retail, restaurant, or professional service tenants. Secure your position in this major retail hub and contact the listing agent today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

50,447

Households

21,176

Median income

$112,000

Median age

35.2

Daytime population

58,665

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 2330 Highway 97S Unit# B110, Westbank.

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.