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5725 Vedder Rd 1,367 SF Retail Condo Unit Offered at $960,000 CAD in Chilliwack, BC V2R 3N3
Executive Summary
Vedder Village Centre encompasses approximately 68,000 square feet of retail space arranged across five buildings. The center accommodates national quick-service brands and maintains consistent customer activity. The location is within Sardis, a neighborhood in the City of Chilliwack, known for mixed-use development and substantial residential growth.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 027-501-523 |
| Cap Rate | 4.30% |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| APN/Parcel ID | 027-501-523 |
Description
This 1,367 square foot retail condominium offers an excellent opportunity for owner-users or investors seeking a modern, efficiently designed space within a thriving mixed-use environment. Located in a highly visible and easily accessible position, the suite is ideally suited for a variety of retail or service-oriented uses. Expansive street frontage enhances brand presence, while large display windows allow for superior visibility and abundant natural light.
Sale Notes
Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness center, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 23 | 1,367 SF | Retail | $960,000 CAD ($702.27 CAD/SF) | $41,280 CAD |
Unit 23
| Unit Size |
| 1,367 SF |
| Condo Use |
| Retail |
| Price |
| $960,000 CAD ($702.27 CAD/SF) |
| NOI |
| $41,280 CAD |
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Unit 23
| Unit Size | 1,367 SF |
| Condo Use | Retail |
| Price | $960,000 CAD ($702.27 CAD/SF) |
| NOI | $41,280 CAD |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| APN/Parcel ID | 027-501-523 |
| Description | |
| This 1,367 square foot retail condominium offers an excellent opportunity for owner-users or investors seeking a modern, efficiently designed space within a thriving mixed-use environment. Located in a highly visible and easily accessible position, the suite is ideally suited for a variety of retail or service-oriented uses. Expansive street frontage enhances brand presence, while large display windows allow for superior visibility and abundant natural light.</li></ul> | |
| Sale Notes | |
| Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness center, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 37,480 SF | Typical Floor Size | 32,982 SF |
| Property Type | Retail (Condo) | Year Built | 1979 |
| Property Subtype | Freestanding | Lot Size | 4.89 AC |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Floors | 1 | ||
| Zoning | C2 - Commercial | ||
| Total Building Size | 37,480 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 32,982 SF |
| Year Built | 1979 |
| Lot Size | 4.89 AC |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | C2 - Commercial |
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5725 Vedder Rd
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