For Lease · Retail

584 Johnson St, Victoria

584 Johnson St, Victoria, BC V8W1M3

$46.7 per sq ft / yr

4,000 SF

Asset Class

Retail

Size

4,000 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$0

Occupancy

96%

About this property

An outstanding retail opportunity featuring a prime ground-floor (2,500 SF) storefront with additional lower-level (1,500 SF) space in the heart of downtown Victoria. Surrounded by established retailers and popular local businesses, including Fluevog Shoes, Hey Happy, Ecologyst, Zingaro, and many others, this vibrant stretch of Johnson Street offers excellent exposure to both high vehicle traffic and strong pedestrian counts. Existing layout includes change rooms and storage, offering flexibility for a variety of retail users. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$47
Down payment30% · $14
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$0

Cash-on-cash

1.62%

DSCR

1.09

Going-in cap

6.03%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy2,271 SF2032-02
Lakeview Physiotherapy931 SF2032-02
Lakeview Physiotherapy654 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

115,558

Households

46,287

Median income

$79,500

Median age

42.8

Daytime population

172,069

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 584 Johnson St, Victoria.

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.