















1/173903 KNIGHT STREET, Vancouver, BC V5N3L8
$70,000 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
99%
Well-established smoke and vape shop in a prime, high-density area of Vancouver, with strong foot traffic, excellent daily exposure, and proximity to a popular nightlife destination. The approximately 515 sq. ft. retail unit is located at a busy intersection and comes with a secure 3-year lease, with approximately 2 years remaining and a possible extension. NO DEMOLITION CLAUSE. The zoning allows for a variety of retail, office, and other business uses. Currently operating as a smoke and vape shop, the business was established in mid-2019 and has excellent Google reviews, steady revenue, and a loyal customer base. The gross rent is approximately $2,396 per month, while current average monthly sales are approximately $21,000+. There is additional growth potential through expanded product lines, including grocery items, as well as extended operating hours. Ideal for an owner-operator or investor. Training is available. Showings by appointment only. NDA required. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$323
Projected NOI
$4K
Annual cash flow
$204
Cash-on-cash
0.97%
DSCR
1.05
Going-in cap
5.83%
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.
Trade area within 3 miles of the property.
Population
122,213
Households
43,369
Median income
$108,000
Median age
34
Daytime population
186,112
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 3903 KNIGHT STREET, Vancouver.
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.