For Lease · Retail

302B 20771 LANGLEY BYPASS, Langley

302B 20771 LANGLEY BYPASS, Langley, BC V3A5E8

$17.5 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 302B 20771 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.