For Lease · Office

7 20461 DOUGLAS CRESCENT, Langley

7 20461 DOUGLAS CRESCENT, Langley, BC V3A4B6

$21 per sq ft / yr

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Asset Class

Office

Size

—

Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

98%

About this property

FOR LEASE, 163 sq.ft 2nd level office space for lease in Langley City. Zoned C1 Base rent $21.00/sf/annum for 1st year, 2027 additional rent $16 24/sf/annum includes Hydro, A/C & heating and comes with 1 parking stall. (id:66811)

Financial sandbox

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Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.92%

DSCR

0.84

Going-in cap

4.67%

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

70,396

Households

24,387

Median income

$95,000

Median age

31.7

Daytime population

109,802

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 7 20461 DOUGLAS CRESCENT, Langley.

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.