For Sale · Industrial

208 30610 PROGRESSIVE WAY, Abbotsford

208 30610 PROGRESSIVE WAY, Abbotsford, BC V2T6Z2

$379,000 total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

84%

Clear height

28 ft

Loading docks

3

About this property

Versatile space, ideal for storing boats, RVs, snowmobiles, vehicles, and other recreational toys. Known as "The Toy Box, this well-maintained, gated complex is conveniently located near the freeway, Abbotsford International Airport, and downtown Abbotsford. Measurements off strata plan. Clean, Secure Gated Complex. Strata Fee:$307.00. Offering Excellent Value and Quick Possession. (id:66811)

Financial sandbox

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Estimate
Purchase price$379K
Down payment30% · $114K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$-608

Cash-on-cash

-0.53%

DSCR

0.97

Going-in cap

5.38%

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

101,113

Households

40,197

Median income

$83,500

Median age

43

Daytime population

86,721

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 208 30610 PROGRESSIVE WAY, Abbotsford.

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.