For Lease · Specialty

4438 1st Street, Peachland

4438 1st Street, Peachland, BC V0H1X7

$18.5 per sq ft / yr

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

About this property

Positioned in an unbeatable, easily accessible location just steps from Peachland's, waterfront, this highly functional +/-1776 sqft office space offers the ideal layout for a growing team looking for flexibility. Designed to maximize productivity, the space features a reception area and private offices complemented by a generous open-plan work zones that foster effortless collaboration. Peachland's C2 zoning offer a multitude of uses including, medical, office, retail, food service, liquor sales, personal services. Complete with a kitchen area and private bathroom plus shower. Seamless access to ample on site parking ensures a hassle free commute for both your staff and visiting clients. Landlord is open to demising space for specific uses depending on lease terms as well as a willingness to create a shared work space as well if individual offices are required. (id:66811)

Financial sandbox

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Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.71%

DSCR

0.91

Going-in cap

5.03%

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

144,277

Households

55,975

Median income

$72,000

Median age

39.1

Daytime population

193,059

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 4438 1st Street, Peachland.

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.