For Lease · Retail

283 REID STREET, Quesnel

283 REID STREET, Quesnel, BC V2J2M1

$14 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

Year Built

9999

Lot Size

0 ac

About this property

Unique and desirable office/retail space located on Quesnel's popular Reid Street! Reid Street is a one way street filled with an array of businesses from financial institutions, restaurants, shopping specialty stores, boutiques, salons, and so much more. This office/retail space was leased for multiple years and it's the first time its been available for a long term. VERY visible location and lots of parking available on Reid Street. The 3200 square foot space has been recently renovated with new flooring, paint, and new fixtures - a blank slate perfect for your ideas! Boiler heat is included in the rent. Don't miss out on this opportunity! (id:66811)

Financial sandbox

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Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.62%

DSCR

1.25

Going-in cap

6.93%

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

87,123

Households

40,600

Median income

$105,000

Median age

43.8

Daytime population

134,551

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 283 REID STREET, Quesnel.

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.