Solid Investment Opportunity in West Abbotsford

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30173551
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 7,416 SF
Gross Building Area: See Agent
Sale Price: $4,750,000
Property Use Type: Investment
Building Name: Cardinal Business Centre
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 4.6%
Last Updated: 10/19/2018

Overview / Comments

​CDW & Associates – RE/MAX Little Oak Realty proudly presents an attractive investment opportunity located in rapidly-growing West Abbotsford. Part of the Cardinal Business Centre complex, Unit 110 at 30475 Cardinal Avenue offers a recently-finished, 7,416 SF modern educational facility with a strong lease and quality tenant in place. The asking price yields a CAP Rate of approximately 4.4% - 4.6%. Cardinal Business Centre has a tenant mix of medical and professional offices and is located just off Mt. Lehman Road close to Highstreet Mall, providing excellent access to Trans-Canada Highway 1 and a broad range of retail businesses and professional services.

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Additional Details

Nearest CMA: Abbotsford - Mission
Regional District: Fraser Valley
Parcel ID: 029-576-555
Is Condo?: Yes
Zoning: C-2
Highway Access: Excellent access to Trans-Canada Highway 1 via Mt. Lehman Road.
Airports: 7 Minutes from Abbotsford International Airport
Number of Stories: 2
Year Built: 2014
Construction/Siding: Concrete, Steel Frame
Parking Type: Surface

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