For Lease · Retail

124 W HASTINGS STREET, Vancouver

124 W HASTINGS STREET, Vancouver, BC V6B1G8

Price on request

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

90%

Year Built

1909

About this property

Welcome to 124 W Hastings St, Vancouver - an exciting opportunity to lease a 3,000 SF retail unit. This prime location offers convenience and accessibility, making it the perfect spot for your business. The unit features an open floor plan that can be easily configured to suit your specific needs. You'll have plenty of room to showcase your products. The large windows facing the bustling street provide ample natural light, creating a bright and energizing atmosphere. The building is just steps away from some of the city's most popular shops, restaurants, and attractions. The area is well-served by public transportation, with several bus stops within easy walking distance. Call today for a showing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

108,079

Households

40,034

Median income

$69,000

Median age

41.3

Daytime population

129,829

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 124 W HASTINGS STREET, Vancouver.

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.