4300 27 St - Retail CONDO FOR SALE


Vernon, BC V1T 4Y4
$4,050,000 CAD
604-720-1362
4300 27 St, Vernon, BC for Sale
$4,050,000 CAD
Retail CONDO - FOR SALE
1/7
null | 4.8% Cap Rate

4300 27 St
Vernon, BC V1T 4Y4


HIGHLIGHTS

  • Natural light exposure
  • Heavy daytime foot traffic area
  • Access to public transit
  • Ample parking
  • Suited for retail/professional service uses
  • Retail amenities nearby

OVERVIEW

This is a unique opportunity to acquire a well-positioned, fully leased 11,315 SF corner retail center situated on 1.34 acres in the growing Vernon market. Shadow anchored by Shoppers Drug Mart and Dollar Tree, the property boasts prominent exposure along 27th St. and 43rd Ave with excellent ingress and egress and proximity to Highway 97 and nearby surrounding amenities. Tenanted by national franchises such as Papa John's, Circle K, and Chicko Chicken. The property offers a secure income stream with a diverse tenant mix via the CMUB in place zoning. Cap rate of 4.8% on asking price.

FOR SALE DETAILS

PRICE

$4,050,000 CAD

PRICE/SF

$358 CAD /SF

CAP RATE

4.8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

11,315 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,414 SF

ZONING

C5

APN/PARCEL ID

001-730-266

ASK ABOUT THIS PROPERTY

David ChoSutton Centre RealtyMore Info
604-720-1362

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David ChoSutton Centre RealtyMore Info
604-720-1362

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.