For Lease · Retail

4 2630 BOURQUIN CRESCENT, Abbotsford

4 2630 BOURQUIN CRESCENT, Abbotsford, BC V2S5N7

$22 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

98%

About this property

Welcome to Little Oak Mall! Offering a rare short term leasing opportunity in this well known strip mall, this in-line unit is available in July 2027. Currently built for a retail clothing store, this space is open concept offering plenty of display room for products/merchandise, multiple change rooms, a single office, storage area at the back and a washroom. This unit could easily fit a number of retail or office businesses under it's C5 Zoning, and you would be in good company with neighbors such as Royal LePage Little Oak, Windmill Deli, The BookMan & Complete Eyecare Optometry. Please note a lease will only be offered until June 30, 2030 and Additional Rent does NOT include Management/Signage Fees as per the Lease Agreement. Size: 1,671 Base Rent: $22.00/SF Additional Rent: $9.06/SF (id:66811)

Financial sandbox

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Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.62%

DSCR

0.80

Going-in cap

4.45%

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

124,240

Households

47,272

Median income

$96,500

Median age

43.3

Daytime population

181,855

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 4 2630 BOURQUIN CRESCENT, 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.