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45768 Hocking Av 6,256 SF 100% Leased Retail Building Chilliwack, BC V2P 1B4 $3,100,000 CAD ($495.52 CAD/SF) 4.68% Cap Rate
Executive Summary
William Wright Commercial is pleased to present 45768 Hocking Avenue, a 6,256 SF freestanding building situated on a 0.39-acre lot in the heart of Chilliwack. Currently leased to a licensed daycare operator, the property is being offered at a 4.68% cap rate. It features approximately 8,310 SF of yard area improved as a parking lot and a 1,930 SF private playground discreetly located at the rear. Exterior improvements include newly paved parking and a handicap-accessible entry ramp. With 120 feet of street frontage, two pylon signs, and excellent visibility along Hocking Avenue. The existing lease includes a termination clause, presenting flexibility and potential for an owner-occupier in the near future.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,256 SF
Year Built
1962
Price
$3,100,000 CAD
Price Per SF
$495.52 CAD
Cap Rate
4.68%
NOI
$145,080 CAD
Percent Leased
100%
Building Height
2 Stories
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
1 of 41
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45768 Hocking Av
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