For Lease · Specialty

4562 Adelaide St, Port Alberni

4562 Adelaide St, Port Alberni, BC V9Y6N3

$14 per sq ft / yr

7,144 SF

Asset Class

Specialty

Size

7,144 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$0

Occupancy

83%

About this property

Prime commercial lease opportunity in the popular Adelaide Shopping Mall, just off busy Johnston Road - Port Alberni's main thoroughfare. This approximately 1380 sq ft space offers a versatile blank slate ready to accommodate a wide range of business concepts. There is potential here for a tenant to build out to customize the space to suit their specific needs and vision. An excellent opportunity for businesses seeking a popular location with flexibility and room to create the ideal commercial space. All measurements are approximate and must be verified if important. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.29%

DSCR

1.07

Going-in cap

5.93%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy5,944 SF2029-08

Area demographics

Trade area within 3 miles of the property.

Population

114,239

Households

39,625

Median income

$105,500

Median age

45.8

Daytime population

111,236

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 4562 Adelaide St, Port Alberni.

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.