103 22071 48 AVENUE, Langley103 22071 48 AVENUE, Langley — photo 2103 22071 48 AVENUE, Langley — photo 3103 22071 48 AVENUE, Langley — photo 4103 22071 48 AVENUE, Langley — photo 5103 22071 48 AVENUE, Langley — photo 6103 22071 48 AVENUE, Langley — photo 7
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For Lease · Retail

103 22071 48 AVENUE, Langley

103 22071 48 AVENUE, Langley, BC V3A8G3

$35 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

87%

About this property

1,926 SF FULLY FIXTURED RESTAURANT AT MURRAYVILLE SHOPPING PLAZA. Located at 22071 48 Avenue in Langley's established Murrayville neighbourhood, Unit 103 is currently operating as a sushi restaurant and offers an extensive existing restaurant buildout. Improvements include a commercial cooking line with vented exhaust hood, walk-in cooler, food preparation and dishwashing areas, service counter and dining room with booth seating. An opportunity for restaurant and food service operators seeking premises with substantial existing infrastructure. Landlord-provided services include hood and fire suppression maintenance, garbage and cooking oil disposal, fire and smoke monitoring, and pest control. Established neighbourhood plaza with shared surface parking and complementary retail and service businesses. Available January 1, 2027. All proposed uses subject to approval. Contact listing brokers for details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$35
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-3.38%

DSCR

0.82

Going-in cap

4.53%

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

128,074

Households

60,520

Median income

$128,500

Median age

34.8

Daytime population

166,020

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 103 22071 48 AVENUE, Langley.

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.