For Lease · Office

237 6th Avenue Unit# 1/2, Kamloops

237 6th Avenue Unit# 1/2, Kamloops, BC V2C3R2

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

94%

About this property

This centrally located updated office space is now available for lease. Overlooking 6th Ave, above Kamloops Florist, this second floor unit has common washrooms on same floor, updated paint and flooring. Perfect for someone who's ready to stop working from home or just needs a quiet space to meet with clients. No additional rent costs and one parking spot available for $84/month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

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

99,928

Households

39,829

Median income

$65,500

Median age

40.6

Daytime population

147,794

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 237 6th Avenue Unit# 1/2, Kamloops.

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.