
1/2160 6660 GRAYBAR ROAD, Richmond, BC V6W1H9
$1.9M per sq ft / yr
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
97%
Year Built
1992
Clear height
26 ft
Loading docks
8
VACANT POSSESSION POSSIBLE. Rare rear dock-loading industrial strata unit in Shelter Island Business Park, East Richmond, with ample space for 53-foot trailers. Five parking stalls: 3 front and 2 rear. The two rear stalls are currently rented, with leases terminable by the owner if required. Unit 160's upper level is configured for extra storage, with a wall opening designed for direct pallet access. Concrete tilt-up construction with warehouse and mezzanine space. Currently tenanted; seller advises the warehouse tenant can vacate on 2 months' notice without compensation. Offered at $1,949,000, or together with adjoining unit 155 for $3,799,999. Contact the listing agent for lease details and viewing arrangements. (id:66811)
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Monthly debt service
$9K
Projected NOI
$111K
Annual cash flow
$3K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
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
49,619
Households
17,890
Median income
$135,000
Median age
34.4
Daytime population
66,208
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 160 6660 GRAYBAR ROAD, Richmond.
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.