For Lease · Retail

150 33790 ESSENDENE AVENUE, Abbotsford

150 33790 ESSENDENE AVENUE, Abbotsford, BC V2S2H2

$25 per sq ft / yr

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

90%

About this property

For Lease 3066SQ.FT. of retail space with great street exposure fronting busy Essendene Ave. Prime location in Downtown Abbotsford that is surrounded by shops, restaurants, Craft Brew houses and new residential developments. Downtown Abbotsford has become a trendy and sought-after area for all different business types. The unit is undergoing renovations so it will be a bright modern looking space in shell condition. There is the possibility of combining this unit with the unit next door to make a larger space. Contact for more information. (id:66811)

Financial sandbox

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Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

3.86%

DSCR

1.21

Going-in cap

6.70%

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

104,237

Households

47,944

Median income

$75,000

Median age

37.8

Daytime population

125,799

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 150 33790 ESSENDENE AVENUE, 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.