For Lease · Office

206 20289 56TH AVENUE, Langley

206 20289 56TH AVENUE, Langley, BC V3A3Y6

$18.5 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

94%

About this property

Welcome to Langley Plaza! Discover your opportunity to lease office space in the heart of Langley, BC, this versatile commercial space offers a setting for businesses looking for a vibrant and accessible location. With abundant natural light from south facing windows, ample shared parking, proximity to major amenities and transportation, this space is suited for professionals seeking a productive and welcoming environment. Wide range of uses including but not limited to wellness clinic, education and general office uses. Gross monthly rent estimated at $1,549.50 + GST. Enquire for further details. (id:66811)

Financial sandbox

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Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.53%

DSCR

0.92

Going-in cap

5.08%

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

50,662

Households

23,159

Median income

$120,500

Median age

34

Daytime population

53,156

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 206 20289 56TH 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.