For Sale · Industrial

A130 6286 203 STREET, Langley

A130 6286 203 STREET, Langley, BC V2Y3S1

$2.4M total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

95%

Clear height

20 ft

Loading docks

10

About this property

We're excited to present the opportunity to purchase a high exposure strata unit in Westmont Centre located on 62nd Avenue and 203rd Street, a busy travel corridor directly within Willowbrook Town Centre. This location provides businesses with excellent corporate branding opportunities and unparalleled access to local amenities and shopping. This leased strata unit enjoys monthly cash flow from tenants that are set to thrive for years to come due to high exposure from increased traffic provided by Langley's top amenities, retail hubs, residential and industrial development plus the future Langley-Surrey sky train expansion project. This unit presents a rare opportunity to secure a long-term location that can be easily tailored to meet their evolving business needs. Don't miss your chance to secure a unit with M-2 general industrial zoning, 26' clear ceiling height, 1 grade level bay door, 3 phase electrical service, built out and tenanted unit within close proximity to Hwy 10. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.38M
Down payment30% · $714K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$147K

Annual cash flow

$16K

Cash-on-cash

2.18%

DSCR

1.12

Going-in cap

6.20%

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

56,363

Households

22,402

Median income

$82,500

Median age

44.2

Daytime population

79,791

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for A130 6286 203 STREET, 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.