For Lease · Industrial

17288 104A AVENUE, Surrey

17288 104A AVENUE, Surrey, BC V4N5M3

$19 per sq ft / yr

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

94%

Clear height

22 ft

Loading docks

10

About this property

Rare opportunity to acquire a highly versatile 1.20-acre industrial property in Port Kells West. The site features an 8,800 SF drive-through facility with 26' clear height, six grade-level loading bays, truck pit, and fully paved and fenced yard. Flexible IP2 zoning accommodates a broad range of industrial, transportation and commercial uses, including warehousing, manufacturing, truck terminals, truck repair/washing/refuelling, delivery and cartage operations, offices, restaurants/cafes, grocery and recreational uses. Excellent access to Highway 17, Highway 1 and the Golden Ears Bridge. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.98%

DSCR

0.89

Going-in cap

4.95%

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

50,079

Households

22,940

Median income

$64,000

Median age

40.5

Daytime population

73,611

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 17288 104A AVENUE, Surrey.

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.