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22838 Lougheed Hwy 9,664 SF 100% Leased Retail Building Maple Ridge, BC V2X 6P6 $3,583,715 USD ($370.83 USD/SF) 4.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Easily accessible
- Close to all amenities
- On major arterial route
EXECUTIVE SUMMARY
This package includes six of nine strata lots that are currently tenant occupied on a long term lease with a local non-profit organization. Triple net lease. The subject space is approximately 9,664 square feet which includes an office area of approximately 8,300 square feet plus common area with an elevator specific to these six units. The two other owner/operators in the complex are a Subway Franchise and a Veterinary Clinic.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (USD) | ANNUAL PER SF (USD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,664 SF
Building Class
C
Year Built/Renovated
1996/2017
Price
$3,583,715 USD
Price Per SF
$370.83 USD
Cap Rate
4.65%
NOI
$166,571 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.37
Lot Size
0.59 AC
Zoning
C3 Town Centre Commercial - Provides for a range of Commercial, service and residential uses in the town centre.
Parking
40 Spaces
AMENITIES
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Maple Ridge Pitt Meadows Community Services
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Maple Ridge Pitt Meadows Community Services | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
1 of 3
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22838 Lougheed Hwy
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