For Sale · Retail

103 2228 MCALLISTER AVENUE, Port Coquitlam

103 2228 MCALLISTER AVENUE, Port Coquitlam, BC V3C2A5

$795,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

93%

Year Built

1985

About this property

Excellent retail unit with its own parking stalls in downtown port Coquitlam, walking distance to provincial court, West Coast Express and plenty of street parking. This space professionally divided into 6 rooms which can easily be made to 8 rooms and a reception area. It is ideal for any professional use, private school or restaurant with loading door and private parking in the back. Easy to show. (id:66811)

Financial sandbox

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Estimate
Purchase price$795K
Down payment30% · $239K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$52K

Annual cash flow

$8K

Cash-on-cash

3.27%

DSCR

1.18

Going-in cap

6.52%

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

53,419

Households

19,925

Median income

$82,000

Median age

43.8

Daytime population

65,739

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 103 2228 MCALLISTER AVENUE, Port Coquitlam.

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.