1/8130 131 ELEVENTH STREET, New Westminster
130 131 ELEVENTH STREET, New Westminster, BC V3M4C7
Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
83%
Year Built
1946
Clear height
19 ft
Loading docks
12
About this property
Iconic Properties Group is pleased to present this opportunity to lease Unit 130 at 131 Eleventh Street, offering approximately 784 SF of warehouse space in the heart of Uptown New Westminster. The unit features a functional open warehouse layout with a loft area, providing additional flexibility for storage, workspace, and various business operations . Zoned M-1, the premises are suitable for a variety of light industrial, warehousing, and service commercial uses, subject to municipal regulations. Strategically located in a highly accessible area, the property benefits from a Walk Score of 93 and Transit Score of 81, with convenient access to surrounding amenities, major transportation routes, and public transit. An excellent opportunity for businesses seeking a compact and versatile warehouse space in a central New Westminster location . Contact the listing agent for more information or to arrange a private showing . (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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
58,525
Households
20,915
Median income
$75,500
Median age
37.8
Daytime population
88,898
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 130 131 ELEVENTH STREET, New Westminster.
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.