5707 BALSAM STREET, Vancouver5707 BALSAM STREET, Vancouver — photo 25707 BALSAM STREET, Vancouver — photo 35707 BALSAM STREET, Vancouver — photo 45707 BALSAM STREET, Vancouver — photo 55707 BALSAM STREET, Vancouver — photo 65707 BALSAM STREET, Vancouver — photo 7
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For Lease · Retail

5707 BALSAM STREET, Vancouver

5707 BALSAM STREET, Vancouver, BC V6M4B8

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

Year Built

1996

About this property

*Showing by appointment only, do not disturb staff. * Prime Commercial Space for Lease in Kerrisdale, Vancouver! Excellent opportunity to lease a restaurant space in Vancouver's desirable Kerrisdale neighbourhood! Ideally situated near the corner of West 41st Avenue and Balsam Street, this prime location offers excellent storefront exposure and convenient access to surrounding residential communities, shops, and local amenities. C-2A Commercial Zoning offers a variety of potential business opportunities, including educational and tutoring centres, art and self-improvement schools, business and vocational training centres, dental and medical clinics, health care offices, notary public offices, professional offices, retail businesses, beauty salons, and other service-oriented businesses. Please contact the listing agent for more information today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

89,856

Households

34,834

Median income

$91,000

Median age

32.6

Daytime population

144,563

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 5707 BALSAM STREET, Vancouver.

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.