Business For Sale · Industrial

A 1940 Island Hwy, Campbell River

A 1940 Island Hwy, Campbell River, BC V9W2G2

Price on request

2,187 SF

Asset Class

Industrial

Size

2,187 SF

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

100%

Lot Size

0.10300734618916436 ac

Clear height

25 ft

Loading docks

13

About this property

Industrial shop for lease, $3000 per month plus triple net (approx $600/month). This shop features an office, washroom, 12' high overhead doors-two in the front and one in the back alley. The back bay is separate from the rest. Included in the lease price is one hoist, shop has 200 amp power. Located on a high visibility road for maximum business exposure. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics854 SF2031-05
Vector Robotics1,326 SF2031-05

Area demographics

Trade area within 3 miles of the property.

Population

113,415

Households

53,278

Median income

$70,000

Median age

39

Daytime population

151,167

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for A 1940 Island Hwy, Campbell River.

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.