Industrial Investment Property for Sale

Industrial for Sale
Catylist Listing ID: 30323260
Property Subtypes: Light Industrial, Net Leased
Condo? Yes
Building Size (RSF): 18,190 SF
Gross Building Area: See Agent
Sale Price: $4,750,000
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Average Occupancy Rate: 18,224,604
Last Updated: 11/1/2018

Overview / Comments

PRICE REDUCED
INVESTMENT PROPERTY FOR SALE

• 12 units fully occupied
• 19’ clear ceiling height
• 120/208 volt, 3 - phase power in each unit
• 12 - 12’ wide x 14’ high grade doors
• All leases are NNN
• Professionally managed strata complex

Unit 801 - 3,065 sq. ft. plus 3,600 sq. ft. outside storage
Units 803 & 804 - 3,072 sq. ft.
Units 805 to 808 - 5,963 sq. ft.
Units 809 to 812 - 6,090 sq. ft.

Current NOI - $182,246.04 per annum
As of December 1, 2018 - $192,110.04 per annum
Rent roll is available

Attachments & Media

Additional Details

Nearest CMA: Vancouver
Regional District: Greater Vancouver
Parcel ID: 015-716-457
Is Condo?: Yes
Tenancy: Multiple Tenants

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Contact

Photograph of Listing Agent

JT Lee

RE/MAX Crest Realty Commercial First Member
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