For Sale · Industrial

113 13375 76 AVENUE, Surrey

113 13375 76 AVENUE, Surrey, BC V3W6J3

$2.1M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

87%

Clear height

23 ft

Loading docks

9

About this property

COURT-ORDERED SALE. Own your space in one of Surrey's established light-industrial pockets. Unit 113 at 13375 76 Avenue has 4,560 sq. ft. in total: a 3,130 sq. ft. ground floor plus a 1,400 sq. ft. mezzanine, suitable for office, showroom or extra storage. The unit is in a well-maintained strata complex on a 4.39-acre site with ample surface parking for staff and customers. The location gives quick access to King George Boulevard and the wider Newton commercial area, along with connections to South Surrey and Langley. Flexible IL zoning permitting a variety of industrial uses. An ideal opportunity for an owner-user or investor. Can be sold together with Unit 112. Call for additional details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.12M
Down payment30% · $635K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$89K

Annual cash flow

$-28K

Cash-on-cash

-4.45%

DSCR

0.76

Going-in cap

4.21%

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

66,307

Households

30,069

Median income

$119,500

Median age

33.5

Daytime population

74,769

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 113 13375 76 AVENUE, 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.