See details here

This 3166 sq ft commercial property is comprised of 2 strata units and is in a great Kerrisdale location. This is a low risk, easy to manage investment, with upside potential. The tenant is a high end spa who has been successful in this location for over 10 years. Triple net lease with 5 years remaining, plus 3 year option at a higher lease rate. 5% Cap Rate at current rents. The space has been impeccably finished. Net Operating Income of $74,401.