For Sale · Office

1040, 1045, 1050-8477 BRIDGEPORT ROAD, Richmond

1040, 1045, 1050-8477 BRIDGEPORT ROAD, Richmond, BC V6X0S8

$1.2M 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

88%

Year Built

2021

About this property

International Trade Center, AAA Class office towers + Versante Hotel Versante + Retails. Well improved 3 units combined with riverview and 3 parkings, ready to move in. The office comes with three seperate office, board room, shared working area and a staff kitchen. There is a sky garden on 6th level. Modern Class A office space in Richmond's prestigious Bridgeport business district, offering convenient access to YVR, Canada Line and major transportation routes. The complex features an upscale hospitality and lifestyle environment with the Versante Hotel, premium dining (id:66811)

Financial sandbox

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Estimate
Purchase price$1.20M
Down payment30% · $359K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$61K

Annual cash flow

$-5K

Cash-on-cash

-1.38%

DSCR

0.93

Going-in cap

5.13%

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

98,066

Households

41,678

Median income

$117,500

Median age

36

Daytime population

119,497

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 1040, 1045, 1050-8477 BRIDGEPORT ROAD, 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.