For Sale · Specialty

225 7TH Avenue Unit# 2, Kamloops

225 7TH Avenue Unit# 2, Kamloops, BC V2H1T7

Price on request

—

Asset Class

Specialty

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

89%

Lot Size

0.41 ac

About this property

Completed in 2024, this newly built micro commercial retail unit offers an affordable, turn key location for a retail, personal services or professional storefront. Tastefully decorated, the unique configuration offers a compact and modern approach to store fronts in the Central Business District. The Gross rent includes all landlord costs and utilities. Internet and phone line is all you need to get started. The accessible bathroom at the entry is shared between units 1 & 2. Act quickly to secure this unique opportunity for a low cost and accessible store front in the heart of Kamloops. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

49,861

Households

21,975

Median income

$108,500

Median age

34.5

Daytime population

55,953

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 225 7TH Avenue Unit# 2, 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.