- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- C8057701
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-Well-established, 4th generation, family-run liquor retailer providing an investor with stable cash flow. -Below-market lease rates, offering long-term upside and relatively low cost per square foot of existing improvements. Lease includes scheduled rental escalations. ->12 locations across British Columbia. Successfully operating since 1981. -Leasable Area: 3,747 SF -NOI Schedule: Yrs 1-5: $229,320 / annum and Yrs 6-10: $248,055 / annum Price: $6,830,000 ($1,823 PSF) | Cap Rate: 3.36%
- Sale Type:
- Asset
- Lease Type:
- Net
- Sublease:
- Yes
- Total space avail for lease:
- 3,747 sq. ft.
- Total Floor Area:
- 3,747 sq. ft.
- Lot Area:
- 0 sq. ft.
- Land Use/Zoning:
- C-2
- Taxes:
- $0 / -
-
Photo 1 of 1
Listed by Marcus & Millichap
Data was last updated May 4, 2024 at 04:40 AM (UTC)
- Steve Da Cruz | CCIM | PREC
- Executive Vice President & Co-Founder, CASM Global
- 604 377 2527
- steve.dacruz@casmglobal.com
- 董静茹 Jingru Cynthia Dong | CCIM | CFP | MBA | PREC
- Founder & Principal, CASM Global
- 604 518 8230
- cynthia.dong@casmglobal.com
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.