For Sale · Industrial

160 19288 22 AVENUE, Surrey

160 19288 22 AVENUE, Surrey, BC V3Z3S6

$4.0M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

92%

Clear height

23 ft

Loading docks

2

About this property

PRIME CAMPBELL HEIGHTS INDUSTRIAL STRATA UNIT Offering approximately 7,300 SQ. FT. of versatile industrial space in the highly desirable Campbell Heights Business Park. Featuring 26' CEILINGS, convenient dock and grade-level loading, and functional warehouse space with a full washroom. Ideally situated in a thriving industrial hub with convenient access to major transportation routes. Excellent opportunity for OWNER-USERS OR INVESTORS seeking industrial space in a sought-after Surrey location. Measurements as per strata plan. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.00M
Down payment30% · $1.20M
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$199K

Annual cash flow

$-22K

Cash-on-cash

-1.85%

DSCR

0.90

Going-in cap

4.99%

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

56,382

Households

21,770

Median income

$133,000

Median age

39.1

Daytime population

78,643

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 160 19288 22 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.