For Lease · Office

795 LAHAKAS BOULEVARD, Kitimat

795 LAHAKAS BOULEVARD, Kitimat, BC V8C1G2

$24 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

97%

Lot Size

0 ac

About this property

This property at 795 Lahakas Blvd. in Kitimat was built for use as offices or businesses that are looking for fantastic visibility and plenty of parking in Kitimat. The building has been used for years as BC Service who have now outgrown the space. Ideal for Government, Industry or First Nations offices. Also would be perfect for a medical or dental clinic or professional offices. Offered at $24 per sq ft plus a low estimated $5 triple net. The main floor is 4558 sq ft but there is an additional 1500 sq ft upstairs that is not developed that could be leased out as well. Measurements as per BC Assessment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.00%

DSCR

0.73

Going-in cap

4.04%

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

125,532

Households

56,923

Median income

$116,000

Median age

37.6

Daytime population

129,931

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 795 LAHAKAS BOULEVARD, Kitimat.

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.