270 Hudson NE ave - Retail FOR SALE


Salmon Arm, BC V1E 3B8
$2,799,000 CAD
604-628-4331
270 Hudson NE ave, Salmon Arm, BC for Sale
$2,799,000 CAD
Retail - FOR SALE
1/1
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270 Hudson NE ave
Salmon Arm, BC V1E 3B8


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,799,000 CAD

PRICE/SF

$293 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

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TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

604-628-4331

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604-628-4331

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