For Sale · Retail

121 1779 CLEARBROOK ROAD, Abbotsford

121 1779 CLEARBROOK ROAD, Abbotsford, BC V2T5X5

$769,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

84%

About this property

Excellent opportunity to own 892 sq. ft. of brand-new commercial retail space in a newly built commercial strata plaza in Abbotsford! This never-occupied shell unit offers a blank canvas to customize and design according to your business needs or investment vision. Featuring a large storefront with bright windows and a two-piece washroom, this versatile space is ideal for a variety of retail and office uses. The C4 zoning allows for a wide range of potential business opportunities, subject to applicable municipal regulations. Enjoy ample on-site parking and convenient access to Highway 1 via Exit 87 at the Clearbrook intersection, just minutes from Abbotsford International Airport. Located in a growing commercial plaza featuring a brand-new banquet hall and other retail and professional businesses, this property offers excellent accessibility and business potential. Whether you're an entrepreneur looking to establish your own business or an investor seeking a commercial property. (id:66811)

Financial sandbox

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Estimate
Purchase price$769K
Down payment30% · $231K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$44K

Annual cash flow

$1K

Cash-on-cash

0.56%

DSCR

1.03

Going-in cap

5.71%

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

146,109

Households

65,065

Median income

$71,500

Median age

42.2

Daytime population

245,001

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 121 1779 CLEARBROOK ROAD, Abbotsford.

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.