For Lease · Retail

104 19952 79A AVENUE, Langley

104 19952 79A AVENUE, 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

96%

About this property

PRIME RESTAURANT & SPORTS BAR LEASING OPPORTUNITY AT THE SHOPS AT JERICHO! Secure your location in Langley's rapidly growing Willoughby neighbourhood, across from the Langley Events Centre! This exceptional 2,956 SF corner commercial unit offers excellent exposure and access to a commercial kitchen vent shaft, making it an exciting opportunity for a restaurant, sports bar, pub or hospitality concept. NEED MORE SPACE? Combine with adjoining CRU 105 for a total of 4,593 SF, with potential for further expansion. Located within Essence Properties' landmark Jericho master-planned community, featuring 385 homes at Jericho Park and a planned community of 2,000+ residents. Convenient customer parking, pedestrian-friendly streets and a growing residential customer base. Anticipated completion May-August 2027. An outstanding opportunity to establish your business in one of Langley's emerging commercial destinations. ALSO AVAILABLE FOR PURCHASE - MLS #C8083403. (id:66811)

Financial sandbox

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Estimate
Purchase price$50
Down payment30% · $15
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$0

Cash-on-cash

0.30%

DSCR

1.02

Going-in cap

5.63%

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

63,703

Households

24,658

Median income

$88,500

Median age

45.4

Daytime population

94,061

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 104 19952 79A AVENUE, Langley.

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.