For Sale · Office

401 6610 152 STREET, Surrey

401 6610 152 STREET, Surrey, BC V3S3L1

$1.5M total

—

Asset Class

Office

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

87%

About this property

Brand new 1619 SF shell office unit on the 4th floor of Hyland 2 in Surrey's thriving Newton business district. A blank canvas with no inherited layouts or dated finishes, offering complete flexibility to customize your space with private offices, open workstations, boardrooms. Ideal for professional, medical, and service based users, including accountants, lawyers, brokers, and health practitioners. Own your workspace, build equity, and design your business environment from day one. Strategically located just off 152 Street with excellent visibility and convenient access to Highway 10, Highway 99, and Fraser Highway. Close to transit, restaurants, banks, and everyday amenities, with the planned 152 Street SkyTrain Station nearby. An exceptional opportunity to establish your business in a modern strata office development! All pictures are AI generated, measurements of windows and number of windows may vary. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.49M
Down payment30% · $447K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-10K

Cash-on-cash

-2.35%

DSCR

0.87

Going-in cap

4.84%

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

68,679

Households

26,224

Median income

$128,000

Median age

34.7

Daytime population

89,120

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 401 6610 152 STREET, Surrey.

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.