1/336470 201 STREET, Langley
6470 201 STREET, Langley, BC V2Y2X4
$31.5M total
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Asset Class
Office
Size
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Building class
C
Zoning
DC1 — Direct Control
$ / SF
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Occupancy
83%
About this property
This premium stand-alone office building is situated on a 2.462-acre lot in the heart of Willowbrook. The 52,296 square foot two-storey building covers roughly 28% of the site and is surrounded by 177 parking stalls. The property is very well maintained, featuring modern finishes throughout to provide a professional environment. Highly versatile M-11 (Business Park) zoning permits a wide range of office and retail uses. The building currently benefits from stable, longterm tenancies with strong covenants. Additional due diligence materials; including a complete rent roll, in-depth property reports, operating budgets, and other property details are available upon the execution of a confidentiality agreement. Please inquire directly with the listing brokers for further details. (id:66811)
Financial sandbox
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Monthly debt service
$145K
Projected NOI
$1.83M
Annual cash flow
$85K
Cash-on-cash
0.90%
DSCR
1.05
Going-in cap
5.81%
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
131,858
Households
55,285
Median income
$96,500
Median age
31.9
Daytime population
142,866
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6470 201 STREET, Langley.
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.