Business For Sale · Retail

28568-28588 DEWDNEY TRUNK ROAD, Maple Ridge

28568-28588 DEWDNEY TRUNK ROAD, Maple Ridge, BC V2W1M1

$3.0M total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

97%

Lot Size

2.000757575757576 ac

About this property

Rarely available commercial properties with outstanding highway exposure. Currently existing buildings consist of a highway/community grocery store and a previous sandwich restaurant, with ample space for future business expansion. Nearby environmentally beautiful resort and camping sites, the store on the highway is busy in entertaining tourists and shoppers year round. The unique cultural features of the buildings make the site a hotspot for filming shootings. The permitted use of the land and the location provide bright future to the redevelopment of the properties. Contact now to explore the gold mine with good cashflow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.99M
Down payment30% · $897K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$14K

Projected NOI

$182K

Annual cash flow

$16K

Cash-on-cash

1.79%

DSCR

1.10

Going-in cap

6.08%

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

83,097

Households

31,130

Median income

$134,000

Median age

36.6

Daytime population

99,452

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 28568-28588 DEWDNEY TRUNK ROAD, Maple Ridge.

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.