For Lease · Office

5363 LANE STREET, Burnaby

5363 LANE STREET, Burnaby, BC V5H0H2

Price on request

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

83%

Year Built

2019

About this property

Excellent opportunity to lease this retail/office space in the well known Metrotown area. 3 mins to Royal Oak skytrain station. Wide range of uses possible. Nice unit with Excellent exposure. HVAC system, and A/C. Please call listing agent. 1 parking included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

77,078

Households

26,844

Median income

$94,500

Median age

43.1

Daytime population

79,403

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 5363 LANE STREET, Burnaby.

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.