Business For Sale · Retail

12071 1ST AVENUE, Richmond

12071 1ST AVENUE, Richmond, BC V7E3M1

$6.0M total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

94%

Lot Size

0.1514692378328742 ac

About this property

. (id:66811)

Financial sandbox

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Estimate
Purchase price$5.98M
Down payment30% · $1.79M
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$28K

Projected NOI

$306K

Annual cash flow

$-25K

Cash-on-cash

-1.39%

DSCR

0.92

Going-in cap

5.12%

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

96,147

Households

42,095

Median income

$116,500

Median age

34.5

Daytime population

159,490

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 12071 1ST AVENUE, Richmond.

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.