FREE STANDING COMMERCIAL BUILDING
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST VANCOUVER, BRITISH COLUMBIA
Raman Bayanzadeh
Sumir Chauhan
Commercial Real Estate Investment & Leasing
Business Brokerage & Investment Advisory
Bsc. Industrial Eng., DIPBM
P.Eng.., MBA
O 604 684 8844 ext 707 F 604 684 8844 C 778 896 7592 TF 1 877 877 0417 E [email protected]
O 604 684 8844 ext 712 F 604 408 6648 C 604 725 5977 TF 1 855 684 8844 E [email protected]
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
INVESTMENT DETAILS •
Location
Asking Price Lot Size • Dimensions • •
4180 Fraser St Vancouver, BC $2,899,000 ~3,728 ft2 33.05 x 112.8
2 Level, Mixed Use 2 Ground Floor Retail Units & 2 Residential 2 Bedroom Units • Construction Concrete/Wood Frame • Zoning C-2 • Density up to 2.5 FSR Market - 4 Storey up to 3.6 FSR Rental - 6 Storey • Site Influence High Traffic Area, Retail Exposure • •
• •
Building Type Unit Mix
PID Legal Description
• •
Gross Taxes 2015 Net Income
010-519-084 Plan VAP1537 District Lot 391 Lot 2 Land District 36 $16,604.88 $82,000.00 * Projected Based on the Seller Lease Back
•
Cap Rate
~ 2.84%
OVERVIEW Fantastic opportunity to purchase a 2 storey free standing retail and residential mix building on the high traffic Fraser St. The building contains 2 ground floor retail units as well as two 2-bedroom residential units on the second floor. One retail unit is currently occupied by the current owner who will be willing to lease back for a 3 year term bringing the total Net Income of the building to $82,000 per annum. The property is located on the east side of Fraser St an 26th Ave, the property sits in one of the most sought after areas of Vancouver close to all amenities, public transportation and parks. The area is undergoing tremendous changes having already seen new 4 storey residential/commercial mix buildings replace some of the older properties.
Disclaimer: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
RENT ROLL AFTER LEASE BACK & ADJUSTMENTS
Lease Back with projected Income Income Net Retail 1 Retail 2 Total
Additional Rent
$0.00
Total $36,000.00 $36,000.00 $0.00 $72,000.00
Res 1 Res 2 Total
$15,600.00 $15,600.00 $31,200.00
Total Income
$103,200.00
Expenses Property Tax Insurance Maintence Total Expense
$16,000.00 $2,000.00 $3,000.00 $21,000.00
Net Income
$82,200.00
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
AREA PLAN
Prado Cafe
6.66
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
Site Map 4180 Fraser St, Vancouver, British Columbia, V5V Rings: 0.5, 1.5, 3 kilometer radii
Prepared by Esri Latitude: 49.24787 Longitude: -123.09012
July 27, 2016 ©2015 Esri
Page 1 of 1
DEP Market Profile Canada 4180 Fraser St, Vancouver, British Columbia, V5V Rings: 0.5, 1.5, 3 kilometer radii
Prepared by Esri Latitude: 49.24787 Longitude: -123.09012
0.5 kilometers
1.5 kilometers
3 kilometers
5,374 5,311 5,299 -0.05%
46,890 47,204 47,934 0.31%
164,898 170,303 178,343 0.93%
1,869 2.86 1,812 2.91 1,824 2.89 0.13%
18,089 2.57 18,348 2.55 18,971 2.51 0.67%
67,109 2.43 69,856 2.41 75,138 2.34 1.47%
2010 Families 2010 Average Family Size 2015 Families 2015 Average Family Size 2020 Families 2020 Average Family Size 2015-2020 Annual Rate
1,388 2.96 1,346 2.95 1,306 2.93 -0.60%
11,877 2.87 12,013 2.86 11,862 2.83 -0.25%
41,677 2.81 42,522 2.80 42,949 2.77 0.20%
2010 Dwellings Owned Dwellings Rented Dwellings Band Housing 2015 Dwellings Owned Dwellings Rented Dwellings Band Housing 2020 Dwellings Owned Dwellings Rented Dwellings Band Housing Average Household Income 2010 2015 2020 Per Capita Income 2010 2015 2020 Median Age 2010 2015 2020
1,869 1,174 695 0 1,812 1,169 644 0 1,824 1,195 629 0
18,089 9,899 8,191 0 18,348 10,236 8,111 0 18,971 10,724 8,247 0
67,109 34,666 32,443 0 69,856 36,782 33,074 0 75,138 40,202 34,936 0
$79,230 $91,550 $102,169
$77,111 $88,656 $99,414
$81,239 $91,309
$27,555 $31,235 $35,168
$29,748 $34,460 $39,346
$28,954 $33,323 $38,470
38.25 39.32 40.77
37.32 38.24 39.19
37.84 38.53 39.20
Summary 2010 Total Population 2015 Total Population 2020 Total Population 2015-2020 Annual Rate 2010 Households 2010 Average Household Size 2015 Households 2015 Average Household Size 2020 Households 2020 Average Household Size 2015-2020 Annual Rate
$71,144
Source: Esri reports are based, in whole or in part, on: Selected Statistics Canada files. Environics Analytics acquires and distributes Statistics Canada files in accordance with the Government of Canada's Open Data Policy. No information on any individual or household was made available to Environics Analytics by Statistics Canada. PRIZM and selected PRIZM5 nicknames are registered trademarks of The Nielsen Company (U.S.) and are used with permission. Copyright ©2015 Environics Analytics.; Selected InfoCanada Business Listings Data Computer File(s). Selected Navteq 2015 Streetmap Premium Computer File(s), Copyright 2015 Esri.
July 27, 2016 ©2015 Esri
Page 1 of 8
Raman Bayanzadeh
Sumir Chauhan
Commercial Real Estate Investment & Leasing
Business Brokerage & Investment Advisory
Bsc. Industrial Eng., DIPBM
P.Eng.., MBA
O 604 684 8844 ext 707 F 604 684 8844 C 778 896 7592 TF 1 877 877 0417 E [email protected]
O 604 684 8844 ext 712 F 604 408 6648 C 604 725 5977 TF 1 855 684 8844 E [email protected]
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
INVESTMENT DETAILS •
Location
Asking Price Lot Size • Dimensions • •
4180 Fraser St Vancouver, BC $2,899,000 ~3,728 ft2 33.05 x 112.8
2 Level, Mixed Use 2 Ground Floor Retail Units & 2 Residential 2 Bedroom Units • Construction Concrete/Wood Frame • Zoning C-2 • Density up to 2.5 FSR Market - 4 Storey up to 3.6 FSR Rental - 6 Storey • Site Influence High Traffic Area, Retail Exposure • •
• •
Building Type Unit Mix
PID Legal Description
• •
Gross Taxes 2015 Net Income
010-519-084 Plan VAP1537 District Lot 391 Lot 2 Land District 36 $16,604.88 $82,000.00 * Projected Based on the Seller Lease Back
•
Cap Rate
~ 2.84%
OVERVIEW Fantastic opportunity to purchase a 2 storey free standing retail and residential mix building on the high traffic Fraser St. The building contains 2 ground floor retail units as well as two 2-bedroom residential units on the second floor. One retail unit is currently occupied by the current owner who will be willing to lease back for a 3 year term bringing the total Net Income of the building to $82,000 per annum. The property is located on the east side of Fraser St an 26th Ave, the property sits in one of the most sought after areas of Vancouver close to all amenities, public transportation and parks. The area is undergoing tremendous changes having already seen new 4 storey residential/commercial mix buildings replace some of the older properties.
Disclaimer: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
RENT ROLL AFTER LEASE BACK & ADJUSTMENTS
Lease Back with projected Income Income Net Retail 1 Retail 2 Total
Additional Rent
$0.00
Total $36,000.00 $36,000.00 $0.00 $72,000.00
Res 1 Res 2 Total
$15,600.00 $15,600.00 $31,200.00
Total Income
$103,200.00
Expenses Property Tax Insurance Maintence Total Expense
$16,000.00 $2,000.00 $3,000.00 $21,000.00
Net Income
$82,200.00
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
FREE STANDING COMMERCIAL BUILDING 4180 FRASER ST
VANCOUVER, BRITISH COLUMBIA
AREA PLAN
Prado Cafe
6.66
Royal LePage Sussex Klein Group | Suite 204 345 Robson St. | Vancouver BC Canada | V6B 6B3 O 604 684 8844 | F 604 408 6648 | TF 1 855 684 8844 | www.kleingroup.com
Site Map 4180 Fraser St, Vancouver, British Columbia, V5V Rings: 0.5, 1.5, 3 kilometer radii
Prepared by Esri Latitude: 49.24787 Longitude: -123.09012
July 27, 2016 ©2015 Esri
Page 1 of 1
DEP Market Profile Canada 4180 Fraser St, Vancouver, British Columbia, V5V Rings: 0.5, 1.5, 3 kilometer radii
Prepared by Esri Latitude: 49.24787 Longitude: -123.09012
0.5 kilometers
1.5 kilometers
3 kilometers
5,374 5,311 5,299 -0.05%
46,890 47,204 47,934 0.31%
164,898 170,303 178,343 0.93%
1,869 2.86 1,812 2.91 1,824 2.89 0.13%
18,089 2.57 18,348 2.55 18,971 2.51 0.67%
67,109 2.43 69,856 2.41 75,138 2.34 1.47%
2010 Families 2010 Average Family Size 2015 Families 2015 Average Family Size 2020 Families 2020 Average Family Size 2015-2020 Annual Rate
1,388 2.96 1,346 2.95 1,306 2.93 -0.60%
11,877 2.87 12,013 2.86 11,862 2.83 -0.25%
41,677 2.81 42,522 2.80 42,949 2.77 0.20%
2010 Dwellings Owned Dwellings Rented Dwellings Band Housing 2015 Dwellings Owned Dwellings Rented Dwellings Band Housing 2020 Dwellings Owned Dwellings Rented Dwellings Band Housing Average Household Income 2010 2015 2020 Per Capita Income 2010 2015 2020 Median Age 2010 2015 2020
1,869 1,174 695 0 1,812 1,169 644 0 1,824 1,195 629 0
18,089 9,899 8,191 0 18,348 10,236 8,111 0 18,971 10,724 8,247 0
67,109 34,666 32,443 0 69,856 36,782 33,074 0 75,138 40,202 34,936 0
$79,230 $91,550 $102,169
$77,111 $88,656 $99,414
$81,239 $91,309
$27,555 $31,235 $35,168
$29,748 $34,460 $39,346
$28,954 $33,323 $38,470
38.25 39.32 40.77
37.32 38.24 39.19
37.84 38.53 39.20
Summary 2010 Total Population 2015 Total Population 2020 Total Population 2015-2020 Annual Rate 2010 Households 2010 Average Household Size 2015 Households 2015 Average Household Size 2020 Households 2020 Average Household Size 2015-2020 Annual Rate
$71,144
Source: Esri reports are based, in whole or in part, on: Selected Statistics Canada files. Environics Analytics acquires and distributes Statistics Canada files in accordance with the Government of Canada's Open Data Policy. No information on any individual or household was made available to Environics Analytics by Statistics Canada. PRIZM and selected PRIZM5 nicknames are registered trademarks of The Nielsen Company (U.S.) and are used with permission. Copyright ©2015 Environics Analytics.; Selected InfoCanada Business Listings Data Computer File(s). Selected Navteq 2015 Streetmap Premium Computer File(s), Copyright 2015 Esri.
July 27, 2016 ©2015 Esri
Page 1 of 8
