1,116 ft²Retail$1,125,000Sale
1,116 ft²
Retail
$1,125,000
Sale
Download Brochures
Nathan Armour 778-987-3055 Size: +/- 1,116 SF Asking Price $1,125,000.00 Zoning: CD-1 Parking: 1 Stall CAP Rate 3.4% Rare opportunity to own an outstanding street-level retail space on E Broadway. The newly built retail unit currently has a long term tenant in place for five (5) years with an option to renew, which makes for a great investment property. The property is conveniently located less than 1km away from 2 major SkyTrain stations, the Broadway Tech Centre, and Vancouver Technical Secondary School. This investment opportunity requires minimal work as the tenant pays all expenses of the property in the additional rent giving you a 3.4% return every year.
The Space
Asking Price$1,125,000
Available Space1,116 ft²
Floor1
Net Operating Income$39060
Property UseInvestment property
Taxes$6,157/yr
ZoningCD-1
SprinklersYes
Retail Portion1,116 ft²
Year Renovated2015
Net Operating Income$39,060/yr
SourceDirect
24hr Access
Air Conditioning
Corner Lot
Fully Furnished
Natural Light
The Building
Nathan Armour 778-987-3055 Size: +/- 1,116 SF Asking Price $1,125,000.00 Zoning: CD-1 Parking: 1 Stall CAP Rate 3.4% Rare opportunity to own an outstanding street-level retail space on E Broadway. The newly built retail unit currently has a long term tenant in place for five (5) years with an option to renew, which makes for a great investment property. The property is conveniently located less than 1km away from 2 major SkyTrain stations, the Broadway Tech Centre, and Vancouver Technical Secondary School. This investment opportunity requires minimal work as the tenant pays all expenses of the property in the additional rent giving you a 3.4% return every year.
Property TypeRetail
Floors1
Lot Size1,116 ft²
Taxes$6,157/yr
ZoningCD-1
Retail Portion1,116 ft²
Year Renovated2015
Private Restrooms1
Net Operating Income$39,060/yr
24hr Access
Air Conditioning
Hardwood Floors
Improved
Kitchen Facilities
Natural Light
BMO Credit Line for Business
Borrow what you need, when you need it, up to $120,000.*
