1/74 2635 KINGSWAY AVENUE, Port Coquitlam
4 2635 KINGSWAY AVENUE, Port Coquitlam, BC V3C1T5
$220,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
83%
Year Built
1990
About this property
Established automotive operation in a desirable Port Coquitlam location, with automotive retail and auto wrecking/dismantling licences. This 5,367 sq. ft. strata unit includes approximately 1,700 sq. ft. of upper-level office space. The facility features a post hoist, paint booth, spacious shop, customer washroom and front parking. Equipment is included in the sale, offering a turnkey opportunity for a new operator. Upstairs are multiple offices, a kitchen, washroom and ample storage. A 4-year lease with a 5-year renewal option provides long-term stability. An excellent opportunity to grow or expand an automotive business. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$13K
Annual cash flow
$1K
Cash-on-cash
1.58%
DSCR
1.09
Going-in cap
6.02%
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
66,905
Households
28,876
Median income
$79,000
Median age
38.5
Daytime population
104,278
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4 2635 KINGSWAY AVENUE, Port Coquitlam.
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.