1/2106 7883 199B STREET, Langley
106 7883 199B STREET, Langley, BC V2Y0E2
$50 per sq ft / yr
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Asset Class
Retail
Size
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Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
88%
About this property
2,968 SF COMMERCIAL SPACE AT JERICHO PARK, LANGLEY. Located in Building 4 of a new mixed-use development by Essence Properties in the Willoughby area. The premises offer flexible commercial space suitable for retail, showroom, professional office, personal services and other permitted commercial uses. Conveniently located near the Langley Events Centre, with access to 200th Street, Highway 1 and the surrounding residential neighbourhoods. The development provides dedicated commercial parking and pedestrian access, with additional commercial and residential development planned in the immediate area. An opportunity for businesses seeking premises in a growing commercial node. Lease rates, additional rent, possession and other terms available through the listing brokers. ALSO AVAILABLE FOR PURCHASE - SEE MLS #C8083410. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$-0
Cash-on-cash
-1.84%
DSCR
0.90
Going-in cap
4.99%
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
103,461
Households
38,643
Median income
$134,500
Median age
39.2
Daytime population
111,102
5-yr growth
2.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 106 7883 199B 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.