For Lease · Industrial

1120 1368 KINGSWAY AVENUE, Port Coquitlam

1120 1368 KINGSWAY AVENUE, Port Coquitlam, BC V3C6P4

$19.5 Yearly

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

92%

Year Built

2010

Clear height

34 ft

Loading docks

10

About this property

High exposure office/warehouse space located on Kingsway Avenue, the principal arterial connecting East PoCo to the central business district of Port Coquitlam. Access to all key business locations in Metro Vancouver is excellent via the Mary Hill Bypass, the Lougheed Highway and the Trans-Canada Highway. This unit features include; a 576 sq ft main floor office with clean store front with high quality awnings, coffee bar and sink and LED lighting. The 2,231 sq ft warehouse features 21 ft. clear ceiling heights, one (1) 12'x14' grade loading door, one (1) gas heater, 3 phase 600/347volt, 208/120volt electrical power (to be verified by the Tenant)and one (1) handicap accessible washroom. The 576 sq ft second floor is fully air conditioned office space with an open work area, coffee bar and sink, one (1) private washroom and LED lighting. Five (5) parking stalls available free of charge. Please telephone or email listing agents for further information or to set up a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

124,678

Households

54,539

Median income

$123,500

Median age

37.5

Daytime population

162,250

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 1120 1368 KINGSWAY AVENUE, Port Coquitlam.

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.