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For Sale · Retail

C125 20178 96 AVENUE, Langley

C125 20178 96 AVENUE, Langley, BC V1M0B2

$879,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

87%

About this property

PRIME CORNER COMMERCIAL UNIT IN FRASER POINT, LANGLEY! Excellent opportunity to own a fully finished 711 SQ.FT. commercial retail/office space in the desirable Walnut Grove area. This bright corner unit has recently received its occupancy permit and has never been rented or occupied. Thoughtfully designed with a reception area, private offices and a finished washroom, making it move-in ready for your business. Suitable for a variety of professional office, retail and service-oriented uses (subject to zoning approval). Located in a modern commercial development with convenient customer parking and excellent connectivity to Highway 1, Golden Ears Bridge and major transportation routes. Ideal for owner-users or investors looking for a turnkey commercial property in a growing Langley location. A RARE OPPORTUNITY TO OWN A NEW, FULLY FINISHED CORNER UNIT! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$879K
Down payment30% · $264K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$44K

Annual cash flow

$-5K

Cash-on-cash

-1.92%

DSCR

0.90

Going-in cap

4.97%

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

127,888

Households

51,122

Median income

$124,500

Median age

33.8

Daytime population

118,051

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for C125 20178 96 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.