For Sale · Retail

135 4000 NO. 3 ROAD, Richmond

135 4000 NO. 3 ROAD, Richmond, BC V6X0J8

$1.4M total

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Asset Class

Retail

Size

—

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

86%

Year Built

2013

Lot Size

0.020179063360881544 ac

About this property

Prime ground level 891 sf retail space in Aberdeen Square, just next to the entrance of skytrain station with excellent walking traffic and exposure. in the best location. This is a great opportunity to start your own business and own your commercial unit. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$60K

Annual cash flow

$-15K

Cash-on-cash

-3.69%

DSCR

0.80

Going-in cap

4.43%

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

78,239

Households

29,296

Median income

$114,000

Median age

34.9

Daytime population

97,583

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 135 4000 NO. 3 ROAD, Richmond.

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.