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8328 Capstan Way 3,858 SF Retail Condo Unit Offered at $5,400,000 CAD in Richmond, BC V6X 4B6
Investment Highlights
- Prime corner unit offering maximum exposure and multiple signage options
- Excellent accessibility, minutes from SkyTrain and major arterial roads
- Located in a rapidly growing neighborhood with thousands of new condos nearby
- Currently leased to a restaurant tenant with over 100-seat capacity
Executive Summary
This is a rare opportunity to acquire a high-visibility commercial property in the heart of Richmond’s rapidly growing Capstan Village. Positioned on Capstan Way, this property benefits from exceptional exposure as a corner unit with multiple signage opportunities, ensuring maximum visibility for any business. The surrounding neighborhood is experiencing significant residential growth, with thousands of new condominium units under development, creating a strong and expanding customer base. The property is strategically located in a high-traffic area, just minutes from the SkyTrain and offering easy access to major routes including No. 3 Road and Garden City Road. This connectivity enhances accessibility for both customers and employees, making it an ideal location for retail or restaurant operations. With a generous seating capacity of over 100, the space is well-suited for high-volume dining or other customer-focused businesses. The combination of strong tenancy, prime location, and future growth potential makes this an exceptional investment opportunity in one of Richmond’s most dynamic commercial corridors.
Property Facts
| Total Building Size | 3,858 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,858 SF |
| Property Subtype | Year Built | 1998 | |
| Building Class | B | Tenancy | Single |
| Zoning | CA - Auto Oriented Commercial | ||
| Total Building Size | 3,858 SF |
| Property Type | Retail (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,858 SF |
| Year Built | 1998 |
| Tenancy | Single |
| Zoning | CA - Auto Oriented Commercial |
1 Unit Available
Unit 1161-1163
| Unit Size | 3,858 SF | Sale Type | Investment |
| Price | $5,400,000 CAD | Cap Rate | 5.51% |
| Price Per SF | $1,399.69 CAD | NOI | $297,540 CAD |
| Condo Use | Retail | APN/Parcel ID | 024-337-731, 024-337-846 |
| Unit Size | 3,858 SF |
| Price | $5,400,000 CAD |
| Price Per SF | $1,399.69 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| NOI | $297,540 CAD |
| APN/Parcel ID | 024-337-731, 024-337-846 |
Description
Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy
Sale Notes
Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy
Nearby Major Retailers
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8328 Capstan Way
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