For Lease · Office

305 2051 MCCALLUM ROAD, Abbotsford

305 2051 MCCALLUM ROAD, Abbotsford, BC V2S3N3

$26 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

Welcome to the Gateway Complex! Located on the 3rd floor of the Gateway 2 building -a highly coveted office/retail complex in Central Abbotsford - this unit is thoughtfully laid out and is move in ready. Upon entering this north facing space, you are met with a very large reception area that walls could easily be added to to create a boardroom or an additional office. Backing on to this is a small coffee/kitchenette area with sink that then leads into the 5 individual offices - 3 with large windows - and a storage or IT room. With a fresh coat of paint just completed by the Landlord to reset the space that contrasts quite well against the dark trim & doors, this office unit is literally move in ready and available quickly if needed. Nothing vacant at the Gateway lasts for long, so don't wait - book a showing now! Size: 1,050 SF Base Rent: $26.00/SF Additional Rent: $11.86/SF (id:66811)

Financial sandbox

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Estimate
Purchase price$26
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

3.00%

DSCR

1.16

Going-in cap

6.44%

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

64,486

Households

26,857

Median income

$70,000

Median age

41.4

Daytime population

70,520

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 305 2051 MCCALLUM ROAD, Abbotsford.

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.