For Sale · Industrial

8 13520 CRESTWOOD PLACE, Richmond

8 13520 CRESTWOOD PLACE, Richmond, BC V6V2G2

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

83%

Clear height

21 ft

Loading docks

4

About this property

Well designed office and warehouse unit featuring an open-concept showroom/reception area, two private offices, a large meeting room, and a functional warehouse with a grade level loading door and additional storage/work room. Includes 3 parking stalls and 600/347V, 60A, 3 phase power. Flexible IBI zoning accommodates a wide range of business and industrial uses. An efficient ground-floor layout combining showroom, office, and warehouse space in one unit. Conveniently located near Home Depot and IKEA, with ample visitor parking throughout the complex. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

96,027

Households

39,629

Median income

$66,500

Median age

42.5

Daytime population

156,765

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 8 13520 CRESTWOOD PLACE, 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.