For Sale · Industrial

1962 VENTURE PLACE, Pemberton

1962 VENTURE PLACE, Pemberton, BC V0N2L0

$1.2M total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

92%

Lot Size

0.51 ac

Clear height

27 ft

Loading docks

6

About this property

Great opportunity to acquire an improved M-1 zoned lot in Pemberton's Industrial Park. Consisting of 1/2 an acre, this property is improved with two Quonset huts of 3,200 and 1,600 sq.ft, each with a single main roll up door. Paved, fenced and secure, this property is turnkey for a variety of industrial uses. The Pemberton Industrial Park is the primary location for the regions industrial and service retail uses servicing both Pemberton and Whistler. The park is nearing full development with only a few lots remaining. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $359K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$67K

Annual cash flow

$1K

Cash-on-cash

0.35%

DSCR

1.02

Going-in cap

5.65%

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

136,784

Households

60,382

Median income

$69,500

Median age

41.7

Daytime population

173,162

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 1962 VENTURE PLACE, Pemberton.

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.