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$818,000 total
—
Asset Class
Office
Size
—
Building class
B
Zoning
DC1 — Direct Control
$ / SF
—
Occupancy
89%
Year Built
1998
Prime office space in Burnaby's highly sought-after Metrotown commercial corridor. This professionally improved office offers a bright, functional layout featuring an open reception/work area and three private offices with impressive floor-to-ceiling windows that fill the space with natural light. Ideal for a variety of professional, medical, or administrative uses, this move-in-ready space minimizes upfront improvement costs. Situated in a well-maintained professional services building with elevator access, secure entry, 2 parking spots, commercial visitor parking and a complementary mix of established businesses. An exceptional opportunity to establish or expand your business in one of Burnaby's most convenient and vibrant commercial hubs with excellent transit connectivity. Elevate your business with the right location! Contact us today to schedule your private viewing and secure your next business address. (id:66811)
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Monthly debt service
$4K
Projected NOI
$50K
Annual cash flow
$5K
Cash-on-cash
1.85%
DSCR
1.10
Going-in cap
6.09%
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.
Trade area within 3 miles of the property.
Population
42,988
Households
16,446
Median income
$65,000
Median age
40.4
Daytime population
44,959
5-yr growth
8.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 301 4885 KINGSWAY, Burnaby.
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.