Business For Sale · Specialty

6950 CHEAM AVENUE, Agassiz, Agassiz

6950 CHEAM AVENUE, Agassiz, Agassiz, BC V0M1A3

$9.0M total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

96%

Year Built

2019

Lot Size

1.5 ac

About this property

Exceptional opportunity to own Agassiz RONA, a well-established, family-owned and operated hardware store serving a growing community. Housed in a near-new, state-of-the-art building, this business offers spacious retail area, offices, a staff lunchroom. and a loading bay designed to support day-to-day operations. Additional income from the tool rental operation and an upstairs two-bedroom rental suite adds to the appeal of this versatile property. With an established local presence and room. to expand product lines and services, this offering presents exciting potential for an owner-operator or entrepreneur looking to build on its success. Bring your vision and take this growing business into its next chapter! * PREC - Personal Real Estate Corporation (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8.99M
Down payment30% · $2.70M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$42K

Projected NOI

$576K

Annual cash flow

$78K

Cash-on-cash

2.88%

DSCR

1.16

Going-in cap

6.40%

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

92,657

Households

32,582

Median income

$125,500

Median age

36.2

Daytime population

84,084

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 6950 CHEAM AVENUE, Agassiz, Agassiz.

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.