1/10106 7672 PROGRESS WAY, Delta
106 7672 PROGRESS WAY, Delta, BC V4G1A4
$7.3M total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IB — Industrial Business
$ / SF
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Occupancy
89%
Year Built
2022
Clear height
24 ft
Loading docks
4
About this property
Exceptional value in Delta. Currently the only 13,722 SF Class A industrial strata unit available in Delta at this price point. Located in Beedie's fully completed Progress Way Business Centre, the unit features 32' clear ceilings, 2 dock and 1 grade-level loading doors, 3 bathrooms, a kitchenette, skylights, gas-fired heaters, additional LED lighting and electrical receptacles throughout the warehouse, and modern turn-key improvements. Strategically located along Progress Way with immediate exposure to Highway 17 (South Fraser Perimeter Road), offering excellent accessibility and business visibility. I2 zoning permits a wide range of industrial uses. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$34K
Projected NOI
$315K
Annual cash flow
$-92K
Cash-on-cash
-4.16%
DSCR
0.77
Going-in cap
4.29%
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
72,907
Households
29,219
Median income
$101,000
Median age
42.8
Daytime population
69,586
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 106 7672 PROGRESS WAY, Delta.
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.