For Lease · Land

31992 SOUTH FRASER WAY, Abbotsford

31992 SOUTH FRASER WAY, Abbotsford, BC V2T1V6

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

84%

Lot Size

0.2434573002754821 ac

About this property

Seize this rare opportunity to lease 10,605 sqft of prime land at the high-traffic corner of South Fraser Way and Clearbrook Road in the heart of Abbotsford. with flexible C5 zoning, this versatile space is perfect for a variety of uses, including food truck lots, pop-up shops, community services, outdoor parking, and more. Ideal for creative ventures, this property offers flexible leasing options to suit your needs. Bring your ideas and turn this prime location into a thriving business opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

88,828

Households

37,551

Median income

$72,500

Median age

40.7

Daytime population

104,003

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 31992 SOUTH FRASER 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.