For Lease · Industrial

2 45940 RAILWAY AVENUE, Chilliwack Downtown, Chilliwack

2 45940 RAILWAY AVENUE, Chilliwack Downtown, Chilliwack, BC V2P1L3

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

97%

Lot Size

0 ac

Clear height

28 ft

Loading docks

2

About this property

Approx. 2,500 sq. ft. industrial/retail unit for lease/sale in Central Chilliwack. Featuring a reception area, 2 grade doors, high ceilings, enclosed parking spot, and more. Zoned Ml (Industrial), allowing for a wide range of permitted uses including light manufacturing, trades, warehousing, distribution, and more. Contact us for further details! * PREC - Personal Real Estate Corporation (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

68,399

Households

26,020

Median income

$127,500

Median age

39.7

Daytime population

100,203

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 2 45940 RAILWAY AVENUE, Chilliwack Downtown, Chilliwack.

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.