For Lease · Industrial

30781 SIMPSON ROAD, Abbotsford

30781 SIMPSON ROAD, Abbotsford, BC V2T6X4

$18 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

89%

Clear height

29 ft

Loading docks

4

About this property

Are you looking to expand in the new year? Located in Abbotsford's sought after industrial zone on Simpson Road only minutes from the Mt.Lehman Interchange off Highway 1, this large free-standing industrial building offers over 17,000 SF of warehouse space, and almost 7,000 SF of dedicated office space. With 2 loading docks at the north side of the premises, plus 5 grade loading doors along the east/north side, this building is well equipped to make shipping & receiving a breeze. Further features include 600A/600V Power, ample parking, outside storage yard, a showroom, elevator/lift to the second story office space, many individual offices, boardroom, lunchroom and bull pen area. Some notice is required for a showing. (id:66811)

Financial sandbox

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Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.99%

DSCR

0.89

Going-in cap

4.94%

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

140,121

Households

58,999

Median income

$66,500

Median age

40.3

Daytime population

173,584

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 30781 SIMPSON ROAD, Abbotsford.

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.