1/8130 18811 72 AVENUE, Surrey
130 18811 72 AVENUE, Surrey, BC V4N6W7
$1.5M total
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
97%
About this property
Excellent opportunity to acquire a 1,646 SF tenanted commercial strata unit at "The Corners" in Surrey's rapidly growing Clayton community. Secured by a 5-year triple-net lease through June 2030, with two additional 5-year renewal options and contractual rental increases. Close to a 4% cap rate! An attractive long-term, secure investment in a newer mixed-use development (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$104K
Annual cash flow
$18K
Cash-on-cash
3.94%
DSCR
1.21
Going-in cap
6.72%
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
136,571
Households
47,918
Median income
$101,000
Median age
32.2
Daytime population
201,363
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 130 18811 72 AVENUE, Surrey.
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.