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For Lease · Office

120 4252 commerce Cir, Saanich

120 4252 commerce Cir, Saanich, BC V8Z4M2

$19 per sq ft / yr

1,328 SF

Asset Class

Office

Size

1,328 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

85%

Lot Size

0.06000918273645546 ac

About this property

Turn-key, fully furnished ground-floor office space offering 1,328 SF of well-appointed workspace in a quiet, professionally maintained building. Excellent southwest exposure and windows in every office create a bright, warm and inviting environment. Unit 120 features dedicated HVAC, Cat 5 and fibre optic connectivity, a kitchenette, washroom, shower and change room, along with newly upgraded security by Bullet Security. Allocated parking and ample street parking is available for visitors, plus a brand-new EV charging station on-site. The stand-alone building is well tenanted and owner-occupied. Ideally located just minutes from Highway 1, Red Barn Market and Royal Oak Shopping Centre, with convenient access to Downtown Victoria (15 minutes), Victoria International Airport (YYJ) (21 minutes) and Swartz Bay Ferry Terminal (23 minutes). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.56%

DSCR

0.81

Going-in cap

4.47%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners451 SF2029-02
Halcyon Wealth Partners400 SF2029-02
Halcyon Wealth Partners411 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

49,572

Households

19,736

Median income

$95,000

Median age

31.8

Daytime population

48,252

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 120 4252 commerce Cir, Saanich.

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.