For Lease · Retail

203 33103 1 AVENUE, Mission

203 33103 1 AVENUE, Mission, BC V2V1G5

$18 per sq ft / yr

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

83%

About this property

FOR-LEASE. Professional retail or office space in the heart of Downtown Mission. This 1900SF office is newly renovated and move-in ready and features bright open concept space with lots of glass, dedicated storage room, and a reception area. The building has had lots of upgraded over the last few years inside and out and there is lots of dedicated parking plus street parking. The unit is currently set up as a shoe & clothing store but suits many different uses with flexible DTI zoning. Contact for more info. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.10%

DSCR

0.83

Going-in cap

4.61%

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

105,520

Households

41,024

Median income

$124,500

Median age

32.6

Daytime population

95,917

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 203 33103 1 AVENUE, Mission.

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.