For Lease · Industrial

106 20560 LANGLEY BYPASS, Langley

106 20560 LANGLEY BYPASS, Langley, BC V3A6K8

$24 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

93%

Clear height

33 ft

Loading docks

9

About this property

Excellent opportunity to sublease approximately 2,427 SF of industrial warehouse space in the established Langmark Business Centre, strategically located along the Langley Bypass. The premises feature approximately 2,175 SF of warehouse space plus a 252 SF loading dock area, with one grade-level loading door and one dock-level loading door, providing flexibility for shipping, receiving, and daily operations. Additional features include high ceilings, an open warehouse layout, private washroom, and two parking stalls directly in front of the unit. I1 Light Industrial zoning accommodates a variety of industrial, storage, and distribution uses. Convenient access to Highway 10, Highway 1, and 200 Street. Available immediately at $24.00/SF basic rent plus additional rent, with a sublease term through February 28, 2029. Contact for further information or to arrange a viewing. (id:66811)

Financial sandbox

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Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.55%

DSCR

0.70

Going-in cap

3.88%

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

65,121

Households

28,250

Median income

$136,500

Median age

36.3

Daytime population

96,949

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 106 20560 LANGLEY BYPASS, Langley.

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.