For Lease · Retail

541 CLARKE ROAD, Coquitlam

541 CLARKE ROAD, Coquitlam, BC V3J3X4

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

97%

Year Built

1969

Lot Size

0.6330578512396694 ac

About this property

SHORT TERM LEASING OPPORTUNITY - Rare opportunity to lease a 6,676 sq. ft. freestanding commercial building on a 27,576 sq. ft. lot along Clark Drive. Currently improved as a presentation centre, the property features a functional, well-finished interior, flexible layout and ample on-site parking. CS-1 zoning accommodates a range of commercial uses. Centrally located with convenient access to Downtown Vancouver, East Vancouver and key arterial routes. Available for immediate occupancy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

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.

Area demographics

Trade area within 3 miles of the property.

Population

119,391

Households

42,411

Median income

$94,000

Median age

43

Daytime population

108,732

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 541 CLARKE ROAD, Coquitlam.

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.