For Lease · Office

1504 9686 137A STREET, Surrey

1504 9686 137A STREET, Surrey, BC V3T4G7

$36 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

95%

About this property

City Centre 4 is the newest and largest phase of Surrey city Centre's Health & Technology District, which now encompasses over half a million square feet of AAA office and retail space. The District is home to a growing community of professional, health, academic, and technology-based organizations that are driving innovation and advancing BC's emerging technology economy. This dynamic, high-profile hub connects researchers, entrepreneurs, multinational corporations, and start-up companies-all contributing to some of the most advanced developments in digital health and wellness. BRAND NEW FULLY IMPROVED UNIT WITH 5 OFFICE ROOMS, 1 BOARD ROOM AND SMALL KITCHEN SPACE. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$36
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-1.57%

DSCR

0.91

Going-in cap

5.07%

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

99,608

Households

39,896

Median income

$97,000

Median age

45.9

Daytime population

156,046

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 1504 9686 137A 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.