For Sale · Industrial

211 Andover Crescent Unit# 112, Kamloops

211 Andover Crescent Unit# 112, Kamloops, BC V2C6X2

$489,900 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

99%

Year Built

2019

Clear height

19 ft

Loading docks

5

About this property

Prime warehouse space available for sale at the Storehouse in the Dallas Industrial Park. This property is located 12 min from downtown Kamloops and only minutes from Highway 1 access. Offering 1560 square feet of space, 20 ft clear ceiling height, 14 ft overhead door, and 200 amp - 3 phase electrical.Large windows, overhead gas heater, floor drain, ceiling fans, sprinklers, LED Lighting, cold water hose bib, fully insulated, soundproof walls and a roughed in accessible washroom. Fully fenced 2.8 acre site offer secured gates with controlled entry with multiple parking spaces directly in front of the unit. The exterior of the building is precast concrete walls with R28 insulation. I2 zoning allows for a multitude of uses: contracting services, general industry, industrial equipment, light industry, warehousing, wholesale distribution just to name a few. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$490K
Down payment30% · $147K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$32K

Annual cash flow

$5K

Cash-on-cash

3.12%

DSCR

1.17

Going-in cap

6.48%

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

91,314

Households

41,231

Median income

$80,000

Median age

41.5

Daytime population

153,135

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 211 Andover Crescent Unit# 112, 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.