1/1342 8th Avenue S, Cranbrook
42 8th Avenue S, Cranbrook, BC V1C2K3
$20 per sq ft / yr
—
Asset Class
Office
Size
—
Building class
B
Zoning
CO — Commercial Office
$ / SF
—
Occupancy
83%
About this property
Excellent opportunity to lease 3,419 sq. ft. of second-floor office space in downtown Cranbrook. This spacious commercial unit offers a functional layout featuring multiple private offices, a boardroom, and separate men's and women's washrooms. Numerous windows throughout provide an abundance of natural light, creating a bright and comfortable working environment. The existing office configuration provides an attractive option for professional services, administrative operations, or businesses requiring a combination of private workspaces and meeting areas. Conveniently located in Cranbrook's downtown commercial district, with access to nearby businesses, services, and amenities. An excellent opportunity for businesses seeking a substantial, well-appointed office space in a central location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-4.64%
DSCR
0.75
Going-in cap
4.15%
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
64,961
Households
28,607
Median income
$66,500
Median age
42.6
Daytime population
106,035
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 42 8th Avenue S, Cranbrook.
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.