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$17.5 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
96%
Secure a central, high-exposure location fronting the Langley Bypass with this 2,173 square foot ground floor unit. Currently utilized as a retail showroom featuring modern and bright finishes, the versatile layout was previously designed to accommodate a 49-seat restaurant or cafe. The original grease trap and ventilation system remains accessible, offering an excellent foundation for food service operators if desired. The property provides plenty of shared parking and is equipped with a 3-Phase / 125-AMP / 120/240-Volt power supply. Please note that this space is not suitable for automotive or childcare-related uses. The gross monthly asking rent is $4,838.55 (plus GST). (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-0.19%
DSCR
0.99
Going-in cap
5.49%
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.
Trade area within 3 miles of the property.
Population
103,480
Households
45,368
Median income
$113,000
Median age
37
Daytime population
103,593
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 302B 20771 LANGLEY BYPASS, Langley.
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.