Retail Property for Sale - Vancouver East

Retail-Commercial for Sale
Catylist Listing ID: 30559023
Property Subtypes: Street Retail
Building Size (RSF): 2,174 SF
Gross Building Area: See Agent
Sale Price: $2,800,000
Unit Price: $1,287 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 2.56%
Last Updated: 5/22/2020

Overview / Comments

2,174 sf strata investment retail property on Kingsway & Tyne, just next to Tim Hortons and across Safeway. 5 + 5 years lease in place. Net annual rent $71,742. Safe and care free investment. Currently tenanted for Taekwondo studio use. Please do not disturb tenant.

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Taxing Authority: City of Vancouver
Parcel ID: 029-139-511
Zoning: C2
Retail Clientele: Recreation
Property Located Between: Kingsway & Tyne
Property Visibility: Excellent
Largest Nearby Street: Tyne
Tenancy: Single Tenant
Number of Stories: 1
Year Built: 2013
Total Parking Spaces: 1

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Photograph of Listing Agent

Roger Chan, CCIM

Personal Real Estate Corporation
Sutton Group-West Coast Realty (Cambie) Commercial First Member
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