About this Retail in Grandview Woodland
Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established tenant with a renewal option, providing stable rental income. Includes one indoor parking stall with additional rental revenue. Major updates include building-wide plumbing replacement (2022) and a new HVAC system (2023). Offering an approximate 5.08% cap rate, this is an excellent opportunity to own a quality income-producing asset i…n one of Vancouver's most sought-after retail locations.
Listed by Panda Luxury Homes.
Prime retail investment opportunity on vibrant Commercial Drive. This approximately 680 SF strata retail unit is fully leased to an established tenant with a renewal option, providing stable rental income. Includes one indoor parking stall with additional rental revenue. Major updates include building-wide plumbing replacement (2022) and a new HVAC system (2023). Offering an approximate 5.08% cap rate, this is an excellent opportunity to own a quality income-producing asset in one of Vancouver's most sought-after retail locations.
Listed by Panda Luxury Homes.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Retail
- Sub Type: Retail
More About Grandview Woodland, Vancouver East
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Postal Code: V5L 3X4
