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For Lease · Retail

12671 SUNSHINE COAST HIGHWAY, Sechelt

12671 SUNSHINE COAST HIGHWAY, Sechelt, BC V0N2H1

$35 Yearly

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

83%

Year Built

2015

Lot Size

1.5 ac

About this property

Rare opportunity to lease a fully fixtured restaurant and pub at 12671 Sunshine Coast Highway in Madeira Park. Home to the Grasshopper Pub, this approximately 2,540 SF space (size to be confirmed) features a commercial kitchen, bar, back-of-house facilities, in-floor heating and a large outdoor patio with exceptional harbour and ocean views. Rebuilt in 2015, the property offers modern, energy-efficient systems, including geothermal heating and solar panels. Prominent highway exposure, on-site parking and landscaped grounds enhance its appeal as a dining destination in the heart of Pender Harbour. A 16-room boutique hotel and standalone liquor store on-site provide complementary hospitality uses, while nearby marinas and recreation attract residents, boaters and seasonal visitors. Potential staff accommodation in a detached two-bedroom residence, subject to lease terms. An outstanding setting for an experienced restaurant or pub operator. Call TODAY! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$35
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.52%

DSCR

0.76

Going-in cap

4.19%

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

40,978

Households

16,058

Median income

$106,500

Median age

45.7

Daytime population

61,567

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 12671 SUNSHINE COAST HIGHWAY, Sechelt.

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.