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For Lease · Office

1A 2753 Charlotte Rd, Duncan

1A 2753 Charlotte Rd, Duncan, BC V9L5J2

Price on request

739 SF

Asset Class

Office

Size

739 SF

Building class

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

98%

About this property

Quick possession available! Excellent opportunity to lease a bright and versatile 739 sq. ft. ground-floor commercial unit. The open-concept layout provides excellent flexibility for a variety of retail, service commercial, professional or studio uses, with the added convenience of two exterior access points and a private in-suite washroom. The efficient floor plan maximizes usable space and allows a new tenant to configure the premises to suit their business needs. Located in a well-maintained commercial building with convenient ground-floor access. Offered at $22.79/sq. ft. net + $7.21/sq. ft. operating costs and taxes, for a total of $30.00/sq. ft. — approximately $1,847.50/month plus GST. An affordable, flexible commercial space ready for its next business. Schedule a viewing today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$1.50M

Down payment30% · $450K

Interest rate6.25%

Amortization25 years

Occupancy98%

Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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.

Rent roll (estimated)

Tenant	Suite	Area	Rent / SF	Expiry
Blue Harbour Design	160	400 SF	$14.19	2027-03
Blue Harbour Design	160	400 SF	$14.31	2027-03
Blue Harbour Design	160	400 SF	$13.94	2027-03

Area demographics

Trade area within 3 miles of the property.

Population

58,367

Households

20,736

Median income

$133,500

Median age

37.8

Daytime population

58,599

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 1A 2753 Charlotte Rd, Duncan.

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.