For Sale · Retail

18 1161 THE HIGH STREET, Coquitlam

18 1161 THE HIGH STREET, Coquitlam, BC V3B7W3

$669,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

89%

Year Built

1996

About this property

Own your commercial property for yr investment! It is located around the Central Coquitlam Center, which is the busiest and one of the most densely populated area. The unit comes with 2 parking stalls, full bathroom and a kitchenet. This mixed-use building consists of apartments above and various retail businesses below. It comes equipped with ample parking for tenants and generous customer parking. The property offers excellent accessibility as it is within walking distance of the Skytrain Lincoln station , directly connecting to Vancouver downtown . The location is ideal for small-scale commercial real estate investment , as it is surrounded by parks, universities , hospitals, community centers, libraries , and schools, providing a wide range of indirect amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$669K
Down payment30% · $201K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$37K

Annual cash flow

$303

Cash-on-cash

0.15%

DSCR

1.01

Going-in cap

5.59%

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

142,990

Households

50,279

Median income

$135,000

Median age

39.5

Daytime population

164,867

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 18 1161 THE HIGH STREET, Coquitlam.

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.