For Lease · Industrial

6 2551 VAUXHALL PLACE, Richmond

6 2551 VAUXHALL PLACE, Richmond, BC V6V1Z5

$17 Yearly

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

88%

Year Built

1982

Clear height

31 ft

Loading docks

12

About this property

1,970 sq. ft. of office warehouse strategically located in North Richmond just northwest of the Knight Street and the Bridgeport Road intersection. This location enjoys quick and easy access to all areas of Metro Vancouver via Highway 99, Highway 91, Marine Way, and the South Fraser Perimeter Road. The Vancouver International Airport is only 10 minutes away, Downtown Vancouver is 30 minutes away and the US Border is 25 minutes away. This unit features concrete block and wood frame construction, 18' clear ceiling heights in warehouse area, one 10' x 12' grade level loading door, one (1) washroom, gas fired forced air heating in warehouse area, 3 phase electrical power (to be verified by Purchaser) and three (3) parking stalls, including the loading door area. Please telephone or email listing agents for further information and to book a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.22%

DSCR

0.93

Going-in cap

5.18%

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

69,651

Households

28,409

Median income

$88,000

Median age

31.8

Daytime population

71,127

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 6 2551 VAUXHALL PLACE, Richmond.

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.