203A 3939 Quadra St, Saanich
For Lease · Office

203A 3939 Quadra St, Saanich

203A 3939 Quadra St, Saanich, BC V8X1J5

$22 per sq ft / yr

1,500 SF

Asset Class

Office

Size

1,500 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

85%

About this property

Exceptionally well maintained and updated Class B office building with strong mix of long term professional tenants including medical and health care services, accounting and dental. The building is fully air conditioned with elevator, balconies, basement storage and other on-site amenities. There are also shower facilities for cyclists and two EV charging stations. Great on-site parking for staff and visitors. Rent includes 2 reserved on-site parking stalls with additional area parking available for $30 per month. There is flexibility on the unit size / rentable area - ranging from 1,200 SF to 2,986 SF. There is fibre optic for high tech users. Great local area amenities include a daycare, restaurants and public transit. Good pylon signage available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.59%

DSCR

0.70

Going-in cap

3.86%

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.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP486 SF2031-01
Aurora Legal LLP400 SF2031-01
Aurora Legal LLP492 SF2031-01

Area demographics

Trade area within 3 miles of the property.

Population

82,547

Households

35,890

Median income

$76,000

Median age

43.1

Daytime population

71,519

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 203A 3939 Quadra St, Saanich.

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.