For Lease · Industrial

114 7799 BERG ROAD, Delta

114 7799 BERG ROAD, Delta, BC V4G0A5

$5.5M per sq ft / yr

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

92%

Clear height

28 ft

Loading docks

7

About this property

Prime end unit with lots of glazing situated within Westpointe Business Centre, a Beedie-developed strata industrial complex in Delta's established Tilbury Industrial area. Building area totals 9,345 SF including 2,122 SF of office and 2,122 SF of structural mezzanine Featuring durable concrete tilt-up construction, the unit offers two (2) 12' x 14' grade-level loading doors and 32' clear ceiling height. The warehouse provides a 500 lbs. per square foot floor load capacity, 600-volt, 200-amp, three-phase electrical service and ESFR sprinklers. Additional features include high-efficiency LED lighting, skylights, a structural steel roof design, fibre optic connectivity, two (2) washrooms and a structural steel mezzanine designed for a 100 lbs. per square foot live load. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$5.50M
Down payment30% · $1.65M
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$25K

Projected NOI

$288K

Annual cash flow

$-16K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

121,183

Households

54,073

Median income

$95,500

Median age

44.8

Daytime population

187,663

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 114 7799 BERG ROAD, Delta.

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.