For Lease · Specialty

4402 27 Street, Vernon

4402 27 Street, Vernon, BC V1T4Y4

$30 per sq ft / yr

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

92%

About this property

Prime commercial leasing opportunity with exceptional storefront exposure on 27th Street, one of Vernon's busiest commercial corridors. This 1,044 sq. ft. open-concept space features approximately 23 feet of storefront frontage, providing excellent visibility for your business. Convenient customer parking is located directly in front of the unit. Zoned Commercial Mixed-Use, this versatile space accommodates a wide variety of permitted business uses. An ideal location to establish or grow your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

0.81%

DSCR

1.04

Going-in cap

5.78%

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

84,252

Households

30,199

Median income

$134,000

Median age

39.3

Daytime population

117,735

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 4402 27 Street, Vernon.

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.