For Lease · Industrial

999 Shearme Rd, Coombs

999 Shearme Rd, Coombs, BC V0R1M0

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

91%

Clear height

28 ft

Loading docks

5

About this property

Great opportunity to lease your own Commercial space in a secure controlled location. This 2000 sqft warehouse and 2000 sqft in front of the warehouse. Close to Inland HWY 19A,19 & 4A located 6 minutes north of Parksville and 20 minutes to Nanaimo. The property is equipped with an office and a bathroom. A great space for running your business. Properties like this do not come on the market that often and you don't want to miss the opportunity to give your business the right location and foundation to be successful! Viewings are available by appointment only. Contact your Realtor to schedule a visit and seize this opportunity to establish your business in the Oceanside Area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

130,391

Households

59,154

Median income

$76,000

Median age

42

Daytime population

175,679

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 999 Shearme Rd, Coombs.

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.