For Lease · Industrial

A 38930 MIDWAY ROAD, Squamish

A 38930 MIDWAY ROAD, Squamish, BC V8B0J5

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

88%

Clear height

36 ft

Loading docks

3

About this property

Rare opportunity to lease larger format warehouse with excellent loading, circulation and parking in the Squamish Business Park! 38930 Midway offers 2 side by side warehouses of 5,173 sf +/- that can be combined for a total of 11,173 sq ft. Each side has over 4,000 sq. ft. of warehouse plus high quality office/showroom/receiving area at the front. Large rear and side roll-up doors with some extra storage/parking onsite at the rear make for functional warehouse space. Great neighbourhood street parking and the location is accessible to Highway 99 and major throughfares. Flexible I-11 Light Industrial zoning allows for automotive repairs, building supplies, light industrial and warehouse/distribution uses to name a few. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

89,007

Households

39,929

Median income

$124,000

Median age

34.4

Daytime population

104,787

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for A 38930 MIDWAY ROAD, Squamish.

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.