For Sale · Industrial

1113 Chief Louis Way, Kamloops

1113 Chief Louis Way, Kamloops, BC V2H1J8

$3.0M total

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Lot Size

3 ac

Clear height

30 ft

Loading docks

12

About this property

1113 Chief Louis Way offers a versatile commercial opportunity with 3 long-term tenants currently on month-to-month. The flexible tenancy structure provides a new owner with the option to maintain the property as an income-producing investment or transition toward owner occupancy, offering both immediate cash flow and future flexibility. This will be a new 99 year pre-paid lease directly from the Locatee holder. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.99M
Down payment30% · $897K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$147K

Annual cash flow

$-18K

Cash-on-cash

-2.04%

DSCR

0.89

Going-in cap

4.93%

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

96,289

Households

43,150

Median income

$75,000

Median age

37.8

Daytime population

146,165

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 1113 Chief Louis Way, Kamloops.

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.