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Business For Sale · Office

18 1161 THE HIGH STREET, Coquitlam

18 1161 THE HIGH STREET, Coquitlam, BC V3B7W3

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

98%

Year Built

1996

About this property

VERSATILE COMMERCIAL SPACE FOR LEASE ' PRIME COQUITLAM TOWN CENTRE LOCATION! Excellent opportunity to lease a 607 sq.ft. commercial space in a central, high-exposure location, just steps from Lincoln SkyTrain Station. Ideal for a variety of business uses, including professional offices, accounting, legal, insurance, consulting, medical/wellness practitioners, counselling, esthetics, beauty services, massage therapy, tutoring, boutique retail and other service-oriented businesses (subject to permitted use and approvals). Features include a private washroom, kitchenette and 2 dedicated parking stalls. Conveniently surrounded by established businesses, residential communities, shopping and everyday amenities. An excellent opportunity for an owner-operator looking to establish or expand their business in a convenient and accessible Coquitlam location. Don't miss this 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
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

69,321

Households

30,116

Median income

$132,500

Median age

40.5

Daytime population

105,564

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 18 1161 THE HIGH STREET, Coquitlam.

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.