Retail For Sale
C$799,000
1,562 Sqft
Basic Details
Status: Sold
Property Type: Retail
Listing Type: For Sale
MLS Number: 1279
Price: C$799,000
Rooms: \Register to View\
Sq Ft: 1,562 Sqft
Parking: Register to View
Property Description
  • CD-1 Zoning
  • High Traffic Area, Retail Ground Floor Exposure
  • Potential Rental Income: $42,174/ Yr Net

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.

ADDITIONAL INFORMATION
2015
$10,381
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