For Sale · Industrial

7 7551 VANTAGE WAY, Delta

7 7551 VANTAGE WAY, Delta, BC V4G1C9

$1.5M total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

94%

Clear height

23 ft

Loading docks

4

About this property

Unit 7 at 7551 Vantage Way offers 3,190 SF of functional industrial space in Delta's established Tilbury Industrial Park. The premises features 2,390 SF of ground-floor warehouse space and 800 SF of second-floor office space, with concrete block construction, 18' ceiling height, one rear drive-in loading door, skylight, fluorescent warehouse lighting, gas-fired unit heater and 3-phase electrical service. Three washrooms and three designated parking stalls provide additional convenience for staff and operations. Zoned I-2 Heavy Industrial, the property accommodates a wide range of manufacturing and distribution uses. Strategically positioned at the northwest corner of 76th Street and Vantage Way, the property offers convenient access to Highways 91 and 99 via River Road, connecting businesses to Metro Vancouver, Vancouver International Airport and the U.S. border. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $449K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$94K

Annual cash flow

$11K

Cash-on-cash

2.48%

DSCR

1.13

Going-in cap

6.28%

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

85,663

Households

35,772

Median income

$105,000

Median age

31.7

Daytime population

142,593

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 7 7551 VANTAGE WAY, Delta.

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.