For Sale · Office

130 12855 CLARKE PLACE, Richmond

130 12855 CLARKE PLACE, Richmond, BC V6V2H9

$1.3M total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

84%

Year Built

1989

About this property

EXCELLENT LOCATION AND NICELY RENOVATED, Large space of 2122 Sqft with high ceiling, 3 washrooms and 3 designated parking and plenty of street parking. Perfect for Training center, Tutoring center, Dance studio or Performing Art and Recording studio center and other business. close to IKEA and Cambie community center. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.29M
Down payment30% · $387K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$65K

Annual cash flow

$-7K

Cash-on-cash

-1.78%

DSCR

0.90

Going-in cap

5.01%

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

49,063

Households

20,251

Median income

$111,500

Median age

31.7

Daytime population

76,636

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 130 12855 CLARKE PLACE, Richmond.

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.