About this Retail in Agassiz
FULLY LEASED INVESTMENT OPPORTUNITY - BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining - current rent $91,868/yr plus 15% management fee recovery, escalating to $125,714/yr by 2035, plus GST, tenant paying operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atm…osphere, with major improvements incl. covered heated patio w/ sliding glass panels, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. Set-and-forget net lease investment with a proven hospitality tenant in a growing Fraser Valley community. Contact listing agent for NDA and details.
Listed by RE/MAX Bob Plowright Realty.
FULLY LEASED INVESTMENT OPPORTUNITY - BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining - current rent $91,868/yr plus 15% management fee recovery, escalating to $125,714/yr by 2035, plus GST, tenant paying operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio w/ sliding glass panels, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. Set-and-forget net lease investment with a proven hospitality tenant in a growing Fraser Valley community. Contact listing agent for NDA and details.
Listed by RE/MAX Bob Plowright Realty.
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
Walkscore Of This Listing
More About Agassiz, Agassiz
latitude: 49.2387858
longitude: -121.7613098
Postal Code: V0M 1A3