




1/6202 20381 62 AVENUE, Langley, BC V3A5E6
$1.4M total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
98%
Clear height
18 ft
Loading docks
1
Opportunity to own a versatile light industrial strata unit in Barr Industrial Park, ideally positioned in Langley with convenient access to major transportation routes, amenities and surrounding commercial areas. Offering approx 1,920 SF not including mezzanine, this functional unit combines warehouse, office providing flexibility for a wide range of business operations. Features include a grade-level overhead loading door, high warehouse ceilings, open work/storage areas, private office space, staff/break area and washroom. Excellent accessibility for deliveries, staff and clients. M2 zoning supports a variety of light industrial and commercial uses, making this an attractive option for an owner-user, growing business or investor seeking adaptable space in an established industrial location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$83K
Annual cash flow
$6K
Cash-on-cash
1.49%
DSCR
1.08
Going-in cap
5.99%
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.
Trade area within 3 miles of the property.
Population
145,301
Households
56,986
Median income
$63,500
Median age
37.7
Daytime population
198,195
5-yr growth
1.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 202 20381 62 AVENUE, Langley.
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.