Subscribe with RSS Reader
I have listed a new property at 3518 3520 41ST AVE W in VANCOUVER.
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.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.