Business For Sale · Retail

12247 CONFIDENTIAL, Port Coquitlam

12247 CONFIDENTIAL, Port Coquitlam, BC V0V0V0

$649,000 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

Lot Size

0.06795224977043159 ac

About this property

Exceptional fine-dining restaurant asset sale in a prime, rapidly developing Port Coquitlam location! Approximately 2,690 sqft of beautifully designed interior space featuring 90 indoor seats and a 25-seat outdoor patio. Elegant, upscale interiors create a sophisticated dining experience. Fully licensed with a liquor license. Surrounded by established national brands and major retailers in a thriving commercial area with tremendous growth potential. An outstanding opportunity for restaurateurs and entrepreneurs to acquire a stunning restaurant space and bring their vision to life. A must-see opportunity! NDA Required. Please do not approach the staff directly. Contact Listing Agents for the information and booking showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$649K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$30K

Annual cash flow

$-6K

Cash-on-cash

-3.29%

DSCR

0.82

Going-in cap

4.55%

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

106,106

Households

36,796

Median income

$133,000

Median age

34.3

Daytime population

107,533

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 12247 CONFIDENTIAL, Port Coquitlam.

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.