1/7155 & 160 6660 GRAYBAR ROAD, Richmond
155 & 160 6660 GRAYBAR ROAD, Richmond, BC V6W1H9
$3.8M per sq ft / yr
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
91%
Year Built
1992
Clear height
27 ft
Loading docks
7
About this property
VACANT POSSESSION POSSIBLE. Seller advises the warehouse tenant can vacate on two months' notice without compensation; rear-parking leases can also be terminated by the owner if required. Two adjoining rear dock-loading industrial strata units in Shelter Island Business Park, East Richmond, with two rear docks and ample space for 53-foot trailers. Parking: 6 front and 4 rear stalls. . Unit 160's two rear stalls are rented. Unit 160's upper level offers extra storage with a wall opening for direct pallet access. Current warehouse rent across both units: $15,225/month including GST, with escalations, plus rear-parking rent of $1,512.25/month including GST; total $16,737.25/month including GST. Offered together at $3,799,999; unit 160 also available separately at $1,949,000. Contact the listing agent for lease terms and viewing arrangements. (id:66811)
Financial sandbox
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Monthly debt service
$18K
Projected NOI
$196K
Annual cash flow
$-14K
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.
Area demographics
Trade area within 3 miles of the property.
Population
63,627
Households
23,906
Median income
$112,000
Median age
44.9
Daytime population
68,300
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 155 & 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.