1/2120 20072 86 AVENUE, Langley
120 20072 86 AVENUE, Langley, BC V2Y3Y5
$1.3M total
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Asset Class
Retail
Size
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Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
89%
About this property
FINAL COMMERCIAL UNIT AVAILABLE AT NORTH VILLAGE, LATIMER HEIGHTS! An opportunity to purchase approximately 1,106 SF of retail strata space at 20072 86 Avenue in Langley's rapidly developing Latimer Heights neighbourhood. Developed by Vesta Properties, North Village forms the final part of a 74-acre master-planned community with over 2,000 surrounding new homes and a growing commercial district. Strategically located at 86 Avenue and 201 Street, just south of Highway 1 and near the Carvolth Transit Exchange, with convenient access to the 200 Street corridor. The development offers approximately 80 dedicated commercial parking stalls plus 16 visitor/flex stalls. Suitable for a variety of retail and service-oriented businesses, subject to permitted uses and approvals. An opportunity for owner-occupiers or investors seeking commercial ownership in an established growth corridor. Contact Listing Brokers for further details. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$76K
Annual cash flow
$2K
Cash-on-cash
0.60%
DSCR
1.03
Going-in cap
5.72%
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
66,442
Households
27,126
Median income
$81,500
Median age
42.1
Daytime population
92,430
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 120 20072 86 AVENUE, Langley.
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.