Catylist ID: #30577736
Delbrook Strata Offices for Sale
Office for Sale
|Catylist Listing ID:||30577736|
|Property Subtypes:||Mixed Use, Office Building, Other|
|Building Size (RSF):||1,926 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$1,012 PSF|
|Property Use Type:||Vacant/Owner-User|
|Sale Terms:||Cash to Seller, Other|
Overview / Comments
Excellent opportunity to purchase a fully improved office property within the Delbrook Plaza.
Minutes from HWY1, the Delbrook Plaza is well situated in North Vancouver’s Upper Delbrook neighborhood in close proximity to Edgemont Village, Westview Shopping Centre, local library& community centre.
This office opportunity is a combination of 4 strata lots providing 1926 SF improved as 11 offices each with their own heat pumps, AC units and security alarm panels, offers dedicated parking spots in addition to abundant visitor parking. Currently tenanted on a 5yr term at $30/sf providing a sound 3% Cap investment but vacant possession can be arranged if required. In addition to desirable holding income, this investment, upon assembly provides supreme future appreciation being designated as CRMU1 in the DNVs’ OCP permitting future res/com mix development of up to 1.75 FSR.
DO NOT APPROACH THE TENANT.
|Regional District:||Greater Vancouver|
|Total Number of Buildings:||1|
|Parking Description:||Secured Parking, Visitor Parking|
|Legal Description:||STRATA LOTS 11,12,13,14 PLAN VAS2024, DISTRICT LOT 577, GROUP 1, NEW WESTMINSTER LAND DISTRICT, & DL 617, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE|
Eugen KleinRoyal LePage Sussex Klein Grp
Commercial First Member
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