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For Lease · Office

200 4252 commerce Cir, Saanich

200 4252 commerce Cir, Saanich, BC V8Z4M2

$17 per sq ft / yr

2,705 SF

Asset Class

Office

Size

2,705 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

88%

Lot Size

0.06209825528007346 ac

About this property

Turn-key office space in the heart of the Vanalman Industrial District, offering a professional and highly functional work environment with excellent southwest exposure and windows throughout. Divisible: 2,705 SF including boardroom, or 2,505 SF without boardroom. The space features new carpet, blinds, a kitchenette and washroom, with dedicated HVAC, Cat 5 and fibre optic connectivity. Tenants benefit from allocated parking and ample street parking, drive-through access with separate entry and exit, and additional access to common areas and washroom. Brand-new security measures are provided by Bullet Security. This stand-alone office building is conveniently located minutes from Highway 1, Red Barn Market and Royal Oak Shopping Centre, with Downtown Victoria approximately 15 minutes away, Victoria International Airport (YYJ) 21 minutes and Swartz Bay Ferry Terminal 23 minutes. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.22%

DSCR

0.93

Going-in cap

5.18%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,660 SF2031-07
Vector Robotics504 SF2030-07
Vector Robotics400 SF2031-07
Vector Robotics400 SF2031-07

Area demographics

Trade area within 3 miles of the property.

Population

84,019

Households

32,158

Median income

$130,000

Median age

34.9

Daytime population

83,664

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 200 4252 commerce Cir, Saanich.

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.