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For Lease · Specialty

568 Seymour Street 260 6th Avenue Street, Kamloops

568 Seymour Street 260 6th Avenue Street, Kamloops, BC V2C2G9

$2.9M per sq ft / yr

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

99%

About this property

Prime Downtown commercial real estate for sale CBD zoned makes this property ideal for commercial main floor and residential above, mixed use space Included in the offering is 260-6th Avenue. Two separate buildings with corner location used as commercial space and 568 Seymour is the home of Speedy Glass and has been there for many years. Each building is also for lease and make for an attractive return on your investment. Call your agent for more information. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.85M
Down payment30% · $855K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$167K

Annual cash flow

$9K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

107,464

Households

38,207

Median income

$97,500

Median age

32.2

Daytime population

169,711

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 568 Seymour Street 260 6th Avenue Street, Kamloops.

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.