
11759 CONFIDENTIAL, Richmond, BC V0V0V0
$278,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
91%
Rare opportunity to acquire an established food business in a highly accessible Richmond location. Exceptionally low occupancy cost at approximately $3,500/month, with $600 in monthly sublease income, bringing the effective cost below $3,000/month. A desirable 5+5 lease provides added stability. The premises feature a commercial kitchen with ventilation, walk-in cooler, independent entrance, private washroom, parking, retail space, and limited seating. Operating 7 days a week, 7:30 AM'9:30 PM, with strong takeout and delivery potential. Sale includes the established brand and recipes. Suitable for an owner-operator, family business, central kitchen, catering, takeout, or food retail concept, subject to approvals. Seller may consider partial financing for a qualified buyer. CONFIDENTIAL SALE ' Contact the Listing Agent for further information and a private showing. (id:66811)
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Monthly debt service
$1K
Projected NOI
$18K
Annual cash flow
$2K
Cash-on-cash
2.61%
DSCR
1.14
Going-in cap
6.32%
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
41,086
Households
18,095
Median income
$90,000
Median age
32.5
Daytime population
65,516
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 11759 CONFIDENTIAL, Richmond.
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.