For Lease · Industrial

137 8380 ONTARIO STREET, Vancouver

137 8380 ONTARIO STREET, Vancouver, BC V5X3E8

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

89%

Clear height

25 ft

Loading docks

5

About this property

An outstanding opportunity to lease a brand-new 2,630 sq. ft. warehouse/office unit within IntraUrban Gateway, a premier industrial development by renowned developer PC Urban. Designed with flexibility and functionality in mind, the unit offers a modern workspace suitable for a wide range of business and industrial uses. Ideally located in the heart of South Vancouver, the property offers exceptional convenience and accessibility with close proximity to major transportation corridors, including SE Marine Drive, Main Street, Oak Street, and Knight Street. Its strategic location provides efficient access to key trucking routes, while nearby Canada Line SkyTrain service further enhances connectivity for employees and customers. Situated within a rapidly evolving neighbourhood experiencing significant residential and commercial growth, IntraUrban Gateway offers businesses the opportunity to establish themselves in an increasingly vibrant area with a growing customer and workforce base. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

81,611

Households

38,161

Median income

$81,000

Median age

45.6

Daytime population

122,023

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 137 8380 ONTARIO STREET, Vancouver.

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.