For Lease · Industrial

112 3823 HENNING DRIVE, Burnaby

112 3823 HENNING DRIVE, Burnaby, BC V5C6P3

$20 Yearly

—

Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

91%

Year Built

1998

Clear height

24 ft

Loading docks

10

About this property

Bridge Business Centre is primely situated in the Boundary Road and Lougheed Highway area of Burnaby just ½ block from the Gilmore Sky Train station. Widely considered to be the geographical center of Metro Vancouver, this prime location offers easy access to all key business markets via The Trans Canada and The Lougheed Highways. This main floor office/warehouse is fully air-conditioned with front office rear loading, an abundance of natural light, bright modern lighting, open area reception, coffee bar and sink, one (1) washroom, open area warehouse and grade level loading door. Three assigned parking stalls available. Please telephone or email listing agents to book a showing. (id:66811)

Financial sandbox

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Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.30%

DSCR

0.82

Going-in cap

4.55%

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

137,870

Households

58,299

Median income

$110,500

Median age

31.9

Daytime population

143,251

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 112 3823 HENNING DRIVE, Burnaby.

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.