1375 JOHNSTON ROAD, Surrey, BC V4B3Z3
$119,900 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
87%
An exciting opportunity to acquire Ashberry Logan, an established floral business serving White Rock and the surrounding communities. Combining creativity, personalized service, and the timeless appeal of fresh flowers, Ashberry Logan has built a presence in a business that celebrates life's meaningful moments. Offering an extensive selection of professionally designed floral arrangements, custom bouquets, plants, gift baskets, and specialty gifts, Ashberry Logan caters to a diverse customer base and a wide range of occasions, Including anniversaries, birthdays, celebrations, holidays, and, corporate gifting. Whether you have an experienced operator looking to expand your portfolio or an entrepreneur ready to take the next step into business ownership, Ashberry & Logan offers an opportunity to build on an established foundation and make it your own. Own a business that brings beauty, connection, and a little happiness to people' s everyday. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$554
Projected NOI
$6K
Annual cash flow
$-1K
Cash-on-cash
-2.87%
DSCR
0.84
Going-in cap
4.68%
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
132,134
Households
45,708
Median income
$122,000
Median age
34
Daytime population
151,753
5-yr growth
7.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1375 JOHNSTON ROAD, Surrey.
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.