For Sale · Retail

1066 8300 CAPSTAN WAY, Richmond

1066 8300 CAPSTAN WAY, Richmond, BC V6X4B7

$1.1M total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

82%

Year Built

1999

About this property

Rare opportunity to own a high traffic strata retail unit at Union Square Mall! This versatile commercial unit offers 846 sq. ft. of total space, including 613 sq. ft. on the main floor plus a 233 sq. ft. mezzanine with legal permit. CA zoning allows for a wide variety of business uses, providing excellent flexibility for owner users or investors. Currently used as an office, the unit benefits from strong exposure and ample customer parking. Steps to Capstan SkyTrain Station and surrounded by a growing residential community, providing excellent accessibility and a strong potential customer base. Prime opportunity to establish or expand your own business in this busy and convenient commercial location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.09M
Down payment30% · $326K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$51K

Annual cash flow

$-9K

Cash-on-cash

-2.77%

DSCR

0.85

Going-in cap

4.71%

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

141,125

Households

60,692

Median income

$129,500

Median age

40.3

Daytime population

167,483

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 1066 8300 CAPSTAN WAY, 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.