V1E Retail Spaces for Sale

V1E Retail Space 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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Retail Spaces for Sale in V1E

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How many retail spaces are available for sale in V1E?

There are currently 1 retail spaces available for sale in V1E, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in V1E?

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 V1E?

The average market cap rate for retail spaces for sale is about 6.87% based on data provided in V1E. Learn more about how cap rates are calculated.

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Retail Space for Sale in V1E