For Lease · Office

209 7938 128 STREET, Surrey

209 7938 128 STREET, Surrey, BC V3W4E8

$26.66 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

88%

About this property

Prime office space in the well-established and high-demand York Centre, ideally located in Surrey's busy commercial hub along 128th Street. This functional space features 2 spacious private offices/cabins, a reception area, and a separate storage room, offering a practical layout for a variety of professional uses. An excellent opportunity for professional offices, consulting businesses, education/training centres, or other permitted uses. Convenient location with strong visibility and easy access to surrounding businesses, services, and major routes. Offered at an attractive rental rate, making it an excellent choice for businesses seeking a well-located and functional workspace. Contact your Realtor today to arrange a private viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$27
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

1.72%

DSCR

1.09

Going-in cap

6.06%

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

78,248

Households

30,327

Median income

$116,500

Median age

35.9

Daytime population

102,451

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 209 7938 128 STREET, Surrey.

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.