The building boast two very credible tenants(kitchen Design and Adera Developments who bring in more than a $150,000 per year or more than $12,500 per month in net income. This income presents a very attractive Cap Rate.
This fully tenanted property is located in the City of North Vancouver on Fell Avenue, one half block south of Marine Drive the principal east/west commercial artery. The property enjoys excellent exposure to the traffic flows on Fell Avenue, the principal route connecting Marine Drive to Harbourside Business Park and the North Shore Auto Mall.
Area tenants include: Shoppers Drug Mart, WalMart, Gescan, Medical and Health clinics, Sears, Swiss Chalet, Red Robin, Burger King, Thrifty Foods, Price Smart, CIBC, RBC, Coast Capital….