For Lease · Office

313 2ND FLR-13988 CAMBIE ROAD, Richmond

313 2ND FLR-13988 CAMBIE ROAD, Richmond, BC V6V2K4

$15 Yearly

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

92%

Year Built

1990

About this property

Primely located at the corner of Cambie Road and No. 6 Road in Richmond, this second floor office enjoys quick and easy access to all of Metro Vancouvers most strategic business destinations. Downtown Vancouver is 30 minutes away, the Vancouver International Airport is 15 minutes away and the US Border is 30 minutes away. This fully air-conditioned corner unit features excellent natural light throughout, open reception area, corner boardroom, two (2) private offices, open work area, coffee bar & sink, carpet and vinyl plank throughout, mail/storage room, phone/fibre-optic room, wiring for front door alarm system and well appointed private washroom. Unit comes with three (3) parking stalls plus eleven (11) visitor parking stalls available. Please telephone or email listing agents for further information and to set up a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.97%

DSCR

1.11

Going-in cap

6.13%

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

106,126

Households

45,956

Median income

$76,500

Median age

42.7

Daytime population

135,447

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 313 2ND FLR-13988 CAMBIE ROAD, Richmond.

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.