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$ 3,000,000
Est. payment | /mo
0.48 Acres Lot
$ 3,000,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8066809
Lot Size 0.480 Acres
Property Sub-Type Retail
Property Description
- Attractive QSR Offering - Strong Corporate Covenant - NNN Lease - Central Location - Strong Growth Node Tenant: Starbucks Coffee Canada, Inc. I Lease Expiry: April 26, 2029 Renewal Options: 4 x 5 years I First renewal term@ $59 PSF, Remaining terms at Fair Market Value NOi: $127,650 I 12 months forward as of April 1, 2025 Price: $3,000,000 / Cap Rate: 4.25%
Location
Province BC
Community Chilliwack Proper South
Area Chilliwack
Zoning C2
Others
Ownership Freehold
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "