1/2101 15272 CROYDON DRIVE, Surrey
101 15272 CROYDON DRIVE, Surrey, BC V3Z0Z5
$859,000 per sq ft / yr
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Asset Class
Office
Size
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Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
84%
About this property
This 1,100 SF ground-floor office unit sits in South Surrey's Southpoint Business Centre, one of the area's most sought-after commercial addresses, and works for two kinds of buyer. Investors get immediate income from an established national financial services firm already in place, a hands-off hold backed by a quality covenant. Future owner-user potential get a professionally built-out space with ground-level frontage and easy client access, suited to a financial, insurance, legal, consulting or professional practice looking to stop paying rent and start building equity. The location is just off Highway 99 near King George Blvd, with quick connections to White Rock, Delta, Langley, Vancouver and the US border, and shops, restaurants and services are steps away. Opportunities this size in Southpoint rarely come up. Contact for lease details, pricing and to book a viewing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$39K
Annual cash flow
$-8K
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
122,763
Households
51,178
Median income
$79,500
Median age
42.3
Daytime population
205,208
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 101 15272 CROYDON DRIVE, Surrey.
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.