Under Contract
Retail
Description
Granville Street Investment
Retail - Vancouver BC
Excellent Vancouver Investment Property
This 2488 sf retail strata is an excellent property for investment value.
Offering a 3.2% cap rate in Vancouver is a rarity, but this property does just that. The Tenant is an established Vancouver exercise and fitness spin company with a successful business model and an exciting and growing clientele. The lease is in place for another 2.5 yrs with options to continue on at new market rates. Tenant wishes to continue on a long term basis. There are 2 allotted common area covered parking spots included in the package as well.
Property Features
- Retail
- Floor Area is 2,488 sqft