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8705 Young Rd - Building 2 1,800 SF Retail Condo Unit Offered at $1,199,000 CAD in Chilliwack, BC V2P 4P3
EXECUTIVE SUMMARY
Commercial/Retail Shopping Center.
PROPERTY FACTS Under Contract
| Total Building Size | 1,809 SF | Typical Floor Size | 1,809 SF |
| Property Type | Retail (Condo) | Year Built | 2008 |
| Property Subtype | Restaurant | Tenancy | Single |
| Building Class | B | Lot Size | 1.39 AC |
| Floors | 1 | Parking Ratio | 11.06/1,000 SF |
| Zoning | CSM | ||
| Total Building Size | 1,809 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Restaurant |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,809 SF |
| Year Built | 2008 |
| Tenancy | Single |
| Lot Size | 1.39 AC |
| Parking Ratio | 11.06/1,000 SF |
| Zoning | CSM |
AMENITIES
- 24 Hour Access
- Bus Line
- Restaurant
- Security System
- Signage
- Accent Lighting
- Monument Signage
- Air Conditioning
1 UNIT AVAILABLE
Unit 200
| Unit Size | 1,800 SF | Sale Status | Under Contract |
| Price | $1,199,000 CAD | Cap Rate | 3.44% |
| Price Per SF | $666.11 CAD | NOI | $41,245.60 CAD |
| Condo Use | Retail | Sale Conditions | Lease Option |
| Sale Type | Investment or Owner User | APN/Parcel ID | 027-573-559 |
| Unit Size | 1,800 SF |
| Price | $1,199,000 CAD |
| Price Per SF | $666.11 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Cap Rate | 3.44% |
| NOI | $41,245.60 CAD |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 027-573-559 |
DESCRIPTION
1,800 sq.ft. retail unit located on busy Young Rd. in Chilliwack with tons of street exposure, ample parking, and centrally located. This unit is currently set up as a restaurant, it features high ceilings, a patio area, and tons of windows bringing in lots of natural light. Currently in a 5 year net escalating lease with monthly base rent at $3,250.00 An excellent investment opportunity! Contact for details! * PREC - Personal Real Estate Corporation
SALE NOTES
1,800 sq.ft. retail unit located on busy Young Rd. in Chilliwack with tons of street exposure, ample parking, and centrally located. This unit is currently set up as a restaurant, it features high ceilings, a patio area, and tons of windows bringing in lots of natural light. Currently in a 5 year net escalating lease with monthly base rent at $3,250.00 An excellent investment opportunity! Contact for details! * PREC - Personal Real Estate Corporation
NEARBY MAJOR RETAILERS
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8705 Young Rd - Building 2
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