- Property Type : Retail
- Subject Size : 0 ft²
2685 Kingsway, Vancouver, British Columbia, Canada
High Traffic Area, Retail Ground Floor Exposure
Potential Rental Income: $42,174/ Yr Net
Can be Purchased with 2681 Kinsway
Ideal for investors or owner operators alike, Klein Group offers the unique opportunity to purchase the final two remaining commercial retail units located at the 130 unit Skyway Tower, THIND Property’s landmark development in the heart of Vancouver’s vibrant new Norquay Community.
Skyway Tower is THIND’s premier “Signature Gold Development”, includes some of the finest environmentally progressive features within a concrete 12 storey hi-rise and 4 storey mid-rise.
Purchasers are provided with the option to acquire one of the two units or both jointly which would provide for up to almost 2500 sf of prime retail area. As an investor, the purchaser should be able to achieve a healthy Cap Rate ranging between 4.6 to 5.2%. As an owner operator, a business owner would acquire the ideal opportunity of exposure to one of Vancouver’s main high traffic arteries.
RECENT KLEIN GROUP SALES
Nocomekl Subdividable LotLangley, British Columbia$1,200,000
Chambers 2 Lot AssemblyVancouver, British Columbia$2,040,000
Medical OfficeBurnaby, British Columbia$3,100,000
2685 KingswayVancouver, British Columbia$836,900
Earles StreetVancouver, British Columbia$2,000,000
North Ward StreetVancouver, British Columbia$3,600,000
Tom and Jerry's RestaurantVancouver, British Columbia$295,000 Net
Yaletown Franchise Coffee ShopVancouver, British Columbia$455,000 Net Escalating