For Sale · Industrial

118 2680 SHELL ROAD, Richmond

118 2680 SHELL ROAD, Richmond, BC V6X4C9

$828,000 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

94%

Year Built

1999

Clear height

22 ft

Loading docks

4

About this property

INVESTOR ALERT! Current long time tenant yielding 3.3% net till end of August 2027, likely renewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$828K
Down payment30% · $248K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$46K

Annual cash flow

$461

Cash-on-cash

0.19%

DSCR

1.01

Going-in cap

5.60%

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

48,628

Households

21,278

Median income

$72,500

Median age

41.7

Daytime population

43,449

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 118 2680 SHELL ROAD, Richmond.

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.