For Lease · Land

22887 FRASER HIGHWAY, Langley

22887 FRASER HIGHWAY, Langley, BC V2Z2T3

$4.8 per sq ft / yr

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Asset Class

Land

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

Lot Size

0.2869605142332415 ac

About this property

Iconic Properties Group is pleased to present approximately 12,500 SF of vacant yard space for lease at 22887 Fraser Highway in Langley Township. Zoned C-3 Service Commercial, the available portion of the property was previously used for automotive purposes and is suitable for a range of automotive, contractor, equipment, and other service commercial uses. The site offers pylon signage and prominent exposure to high traffic volumes along Fraser Highway. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$5
Down payment30% · $1
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

50,407

Households

19,107

Median income

$94,500

Median age

45.9

Daytime population

51,860

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 22887 FRASER HIGHWAY, 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.