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For Lease · Industrial

3985 GRAVELEY STREET, Burnaby

3985 GRAVELEY STREET, Burnaby, BC V5C3T4

$22.5 Yearly

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

93%

Year Built

1974

Lot Size

0.15151515151515152 ac

Clear height

23 ft

Loading docks

5

About this property

Excellent industrial opportunity located near Boundary Road & First Avenue, one of Greater Vancouver's most sought-after industrial nodes. Centrally positioned with quick access tot he Trans-Canada Highway and Lougheed Highway, plus excellent proximity to Downtown Vancouver and the North Shore. Main floor features office space, boardrooms, reception, and a handicapped-accessible washroom with shower. Warehouse offers 19' clear ceiling height , open floor plan, and rear grade-level loading. Air conditioned Upstairs includes 4 office spaces, kitchenette, washrooms, and mezzanine. 3,677 sq.ft. leasable on a 6,600 sq.ft. lot. Ample gated parking with direct access to loading door. Contact listing agent for details and to book a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$23
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.69%

DSCR

0.75

Going-in cap

4.13%

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

133,916

Households

52,247

Median income

$79,000

Median age

40.1

Daytime population

214,707

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 3985 GRAVELEY STREET, 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.