For Lease · Office

3080/3085 8888 ODLIN CRESCENT, Richmond

3080/3085 8888 ODLIN CRESCENT, Richmond, BC V6X3Z8

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

94%

About this property

Renovated 1,060 sq.ft. commercial space for lease at Richmond Pacific Plaza. This well-located commercial space offers a functional layout, excellent accessibility, and a central location close to major transportation routes, shopping, dining, and surrounding amenities. ZI2 zoning permits a broad range of commercial uses, including office, retail, commercial education, indoor recreation, studio, personal services, and other permitted commercial uses. An excellent opportunity for businesses looking for a versatile and centrally located commercial space in Richmond. Gross rent: $3,000/month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

124,091

Households

51,516

Median income

$65,000

Median age

37.3

Daytime population

192,360

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 3080/3085 8888 ODLIN CRESCENT, 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.