For Lease · Office

203 3823 HENNING DRIVE, Burnaby

203 3823 HENNING DRIVE, Burnaby, BC V5C6P3

$21 Yearly

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Asset Class

Office

Size

—

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

83%

Year Built

1998

About this property

Bridge Business Centre is primely situated in the Boundary Road and Lougheed Highway area of Burnaby just ½ block from the Gilmore Sky Train station. Widely considered to be the geographical center of Metro Vancouver, this prime location offers easy access to all key business markets via the Trans-Canada and Lougheed Highways. This second floor, fully air-conditioned office space features excellent glazing, three (3) private offices, kitchenette, boardroom, storage room and private washroom. Three (3) assigned parking stall available free of charge. Please telephone or email listing agents for further information and to book a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.30%

DSCR

0.71

Going-in cap

3.95%

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

126,740

Households

45,954

Median income

$106,500

Median age

45.2

Daytime population

200,540

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 203 3823 HENNING DRIVE, Burnaby.

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.