For Lease · Land

1637 RIVER ROAD, Prince George

1637 RIVER ROAD, Prince George, BC V2L5S8

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

87%

Lot Size

41.84 ac

About this property

Prime industrial land lease opportunity in the heart of Prince George, offering a rare combination of paved and unpaved yard areas ideal for laydown, equipment storage, fleet parking and staging. With excellent central access and direct exposure to CN Rail's main east- west line running directly behind the site, this property is built for logistics and distribution users who need to move product efficiently. A functional onsite rail spur provides valuable rail-served capabilities, creating unique options for bulk materials and transload operations. Tenants also have the option to lease complementary warehouse and office space on the property, allowing you to consolidate yard, building and administration needs in one highly functional location. Can lease 1 acre or up to 10-15 acres depending on use. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

69,542

Households

29,682

Median income

$76,000

Median age

44.6

Daytime population

99,986

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 1637 RIVER ROAD, Prince George.

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.