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$2.2M total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
93%
Lot Size
0.29 ac
Clear height
29 ft
Loading docks
6
Currently running a 9.4% CAP! Prime commercial opportunity in a highly visible location at the north end of Vernon, right on one of the city’s main commercial routes. This property offers exceptional exposure and easy accessibility, making it ideal for a wide range of businesses. The building features a spacious main floor layout with a massive warehouse area, perfectly suited for storage, distribution, or light industrial use. In addition, the property includes retail spaces on the main level, providing the flexibility to operate a storefront, showroom, or customer-facing business alongside warehouse operations. A rare chance to secure a versatile commercial property in a strategic, high-traffic location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$10K
Projected NOI
$98K
Annual cash flow
$-23K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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.
Trade area within 3 miles of the property.
Population
117,922
Households
46,254
Median income
$83,000
Median age
43.9
Daytime population
158,944
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5201 26 Street, Vernon.
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.