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Price on request
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
91%
Year Built
1989
Excellent opportunity to lease 3,019 sf. of versatile retail space at #170'8351 Alexandra Road, Richmond, located in the popular Alexandra Road commercial corridor. Previously operated as a spa, then a physiotherapy clinic, the unit features 12 private rooms, 3 bathrooms (including 1 wheelchair-accessible bathroom), and a shower, making it well-suited for a variety of wellness, medical, therapeutic, beauty, professional service, or other retail uses. The existing room configuration offers flexibility for businesses seeking multiple treatment rooms or private offices. Vacant and ready for immediate occupancy'bring your business concept to this well-appointed space in a convenient Richmond location with lots of foot traffic. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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
64,152
Households
26,660
Median income
$112,000
Median age
33.7
Daytime population
76,217
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 170 8351 ALEXANDRA 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.