For Sale · Industrial

9065-9097 MILWAUKEE WAY, Prince George

9065-9097 MILWAUKEE WAY, Prince George, BC V2N5T3

$3.4M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

93%

Lot Size

2 ac

Clear height

29 ft

Loading docks

13

About this property

Turnkey fabrication facility on 2.00 acres of M2 General Industrial land in Prince George's Danson Industrial Area. Two adjoining, separately titled 1-acre lots offer room to expand, store equipment, or hold for future development. The pre-engineered steel building totals 11,040 SF plus a 597 SF mezzanine, anchored by a 9,600 SF crane-served shop with two 5-ton and one 10-ton overhead cranes, approx. 24' eaves (28' peak), a 40' x 16' sliding door, one 18' x 18' and two 14' x 16' overhead doors, and heavy 400-amp, 600V, 3-phase power. A newer two-storey office addition (720 SF per floor) delivers a professional front end with reception, private offices, boardroom, kitchenette and washrooms. Fully-fenced gravel yard with two gates and paved front parking. Ideal for fabrication, heavy equipment, oilfield, mining or forestry service users who need power, lift capacity and yard space ready on day one. Information package available. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.40M
Down payment30% · $1.02M
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$184K

Annual cash flow

$-4K

Cash-on-cash

-0.41%

DSCR

0.98

Going-in cap

5.42%

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

39,824

Households

16,260

Median income

$68,500

Median age

40.9

Daytime population

67,490

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 9065-9097 MILWAUKEE WAY, Prince George.

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.