For Sale · Industrial

203 & 210 30610 PROGRESSIVE WAY, Abbotsford

203 & 210 30610 PROGRESSIVE WAY, Abbotsford, BC V2T6Z2

$699,000 total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

96%

Clear height

28 ft

Loading docks

4

About this property

Two back-to-back industrial strata warehouse units offering a combined 1,458 sq. ft. of secure, versatile space. Perfect for storing boats, RVs, snowmobiles, vehicles, and other recreational toys. Known as "The Toy Box, this well-maintained, gated complex is conveniently located near the freeway, Abbotsford International Airport, and downtown Abbotsford. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$-951

Cash-on-cash

-0.45%

DSCR

0.98

Going-in cap

5.41%

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

56,036

Households

20,048

Median income

$73,500

Median age

38.9

Daytime population

92,137

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 203 & 210 30610 PROGRESSIVE WAY, 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.