Retail in Salmon Arm available for sale
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Retail Space for Sale in Salmon Arm

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Salmon Arm Retail Space for Sale

More details for 270 Hudson NE ave, Salmon Arm, BC - Retail for Sale

270 Hudson NE ave

Salmon Arm, BC V1E 3B8

  • Retail for Sale
  • $2,599,000 CAD
  • 9,544 SF

Salmon Arm Retail for Sale

The Offering: Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) has been retained on an exclusive basis to arrange the sale of a 100% freehold interest in 3 contiguous retail strata units at #1,2,3 – 270 Hudson Avenue Northeast (the “Property” and/or “Offering”). The Offering represents a rare opportunity to acquire 9,544 sf of centrally located strata retail area on a long-term triple-net lease to one of Canada’s largest community-focused pharmacy operators, Neighbourly Pharmacy. Investment Highlights: • Amenity-rich and central location in Downtown Salmon Arm, at the crossroads of Hudson Avenue Northeast and Ross Street Northeast • Attractive WALT of 10.8 years (as of April 1, 2025) to a Pharmasave banner owned by Neighbourly Pharmacy, Canada’s largest community-focused pharmacy operator with over 290 locations across Canada • Care-free triple net lease structure with multiple rental rate escalations remaining.

Contact:

JLL

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-04-10
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LoopNet Canada British Columbia Retail Spaces For Sale in Salmon Arm, BC, Canada

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Retail Spaces for Sale in Salmon Arm

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How many retail spaces are available for sale in Salmon Arm?
There are currently 1 retail spaces available for sale in Salmon Arm, offering a unique opportunity for businesses to establish a presence.
How big are the retail spaces available for sale in Salmon Arm?
The average size of retail spaces available for sale in Salmon Arm is about 9,544 SF. The largest retail spaces available to buy is 9,544 SF and the smallest is 9,544 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for retail spaces in Salmon Arm?
The average market cap rate for retail spaces for sale is about 6.87% based on data provided in Salmon Arm. Learn more about how cap rates are calculated.
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