Business For Sale · Retail

1017 10355 152 STREET, Surrey

1017 10355 152 STREET, Surrey, BC V3R7C3

$188,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

84%

About this property

Exceptional opportunity to acquire a thriving Japanese restaurant in Guildford Town Centre. Prominently situated directly across from Tim Hortons and beside a mall entrance, the restaurant benefits from excellent visibility and convenient access. Established by the current owner and successfully operated for 14 years, it offers a proven business in a prime shopping centre location. Monthly gross rent is $13,923 and includes electricity, water and garbage disposal, providing clear and predictable occupancy costs. This well-established operation offers a strong foundation for an owner with the vision and ability to expand sales. An outstanding opportunity in one of Surrey's busiest retail destinations. Contact the listing agent for further details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$188K
Down payment30% · $56K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$868

Projected NOI

$10K

Annual cash flow

$-61

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

144,973

Households

59,290

Median income

$76,500

Median age

40.4

Daytime population

219,151

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 1017 10355 152 STREET, Surrey.

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.