Business For Sale · Specialty

11754 CONFIDENTIAL, Richmond

11754 CONFIDENTIAL, Richmond, BC V0V0V0

$298,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

95%

About this property

Exceptional opportunity to establish or expand your TCM and acupuncture practice in one of Richmond's most popular shopping plazas. This high-exposure, 1,200 sq. ft. clinic is elegantly decorated with high-end fixtures, creating a welcoming and professional setting for clients. The thoughtfully planned layout includes four private treatment rooms, a laundry room, a staff room, and an efficiently organized storage room to support daily operations. Reasonable rent and a stable lease add to the appeal of this well-appointed space. Conveniently located near the SkyTrain, Yaohan Centre, and Aberdeen Centre, the clinic offers easy access for clients. An ideal setting for practitioners looking to launch their own clinic or grow an established business. (id:66811)

Financial sandbox

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Estimate
Purchase price$298K
Down payment30% · $89K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$2K

Cash-on-cash

2.06%

DSCR

1.11

Going-in cap

6.16%

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

131,896

Households

60,679

Median income

$89,000

Median age

45.2

Daytime population

186,447

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 11754 CONFIDENTIAL, 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.