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$449,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
93%
Step into a well-established Persian bakery in a prime Port Coquitlam, BC location with convenient parking right at the door, ideal for first-time owners or family businesses. This establishment boasts high foot traffic and a loyal customer base, supplying Tri-City grocery stores and contracted clients, all while being surrounded by high-density condos and office buildings. Featuring great street exposure, CSA-approved equipment, a 2-hood system, a grease trap, and additional storage, it offers low rent with a long lease and no demo clause. Known for its delicious pastries and desserts made from the highest quality ingredients, the bakery offers a variety of products, including Taftoon Naan, Barbary Naan, apple pie, and baklava. With no franchise fees, this turnkey operation is perfect for anyone looking to step into a thriving food business in a growing area. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$30K
Annual cash flow
$5K
Cash-on-cash
3.87%
DSCR
1.21
Going-in cap
6.70%
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.
Trade area within 3 miles of the property.
Population
97,528
Households
35,402
Median income
$111,000
Median age
33.2
Daytime population
155,543
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
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.