1/23960 GRANT STREET, Burnaby
3960 GRANT STREET, Burnaby, BC V5B2K1
$2.3M total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
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Occupancy
93%
Year Built
1957
Lot Size
0.15151515151515152 ac
Clear height
34 ft
Loading docks
2
About this property
A fantastic and rare opportunity for an owner / user looking to relocate their business in the sought after Willingdon heights Industrial area. This is a 1960's built corner property in good condition with approximately 4000 square feet of useable area on 2 levels. Ideal to utilize and hold until the time to redevelop and custom build up to 4 floors as permitted under the M3 zoning guidelines. Proximity to key industrial junctions is second to none and comes with the added bonus of views towards the north. Please allow 24 hours notice for viewings. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$11K
Projected NOI
$143K
Annual cash flow
$13K
Cash-on-cash
1.82%
DSCR
1.10
Going-in cap
6.09%
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
67,530
Households
23,883
Median income
$83,500
Median age
44.1
Daytime population
84,653
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3960 GRANT STREET, Burnaby.
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.