For Lease · Retail

106 19952 79A AVENUE, Langley

106 19952 79A AVENUE, Langley, BC V2Y0E2

$1.9M per sq ft / yr

—

Asset Class

Retail

Size

—

Building class

C

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

94%

About this property

FOR SALE OR LEASE Discover 1,612 SF of versatile commercial space in Langley's rapidly growing Willoughby neighbourhood, across from the Langley Events Centre! Located within Essence Properties' landmark Jericho master-planned community, this exciting opportunity is ideal for retail, professional services, boutique businesses or investors seeking a presence in a thriving new neighbourhood. Jericho Park features 385 homes and is part of a larger planned community of 2,000+ residents, creating an exciting built-in customer base. Enjoy convenient customer parking, pedestrian-friendly surroundings and proximity to major transportation routes, shops, recreation and entertainment. Anticipated completion May-August 2027. For Lease Details, please contact Listing Brokers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.93M
Down payment30% · $580K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$105K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

115,952

Households

52,822

Median income

$76,500

Median age

39.3

Daytime population

143,370

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 106 19952 79A AVENUE, Langley.

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.