604-683-3111
5655 Cambie St, Vancouver, BC for Sale
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

5655 Cambie St
Vancouver, BC V5Z 3A4


HIGHLIGHTS

  • Prominent corner exposure at the preeminent intersection of Cambie Street and West 41st Avenue
  • Secure in-place income that will serve as a strategic cost shield through the entitlement process
  • The Property is 100% leased with 21 tenants
  • Designated as a landmark site in the Cambie Corridor Plan
  • Surrounded by an enviable variety of amenities and services

OVERVIEW

Cushman & Wakefi eld ULC (“C&W”) as the exclusive advisor is pleased to off er to the market the potential sale of a 50 to 100 percent interest through a joint venture structure of 5655 Cambie Street, Vancouver, BC (the “Property”). This is a rare opportunity to acquire an interest of a signature transit oriented, mixed-use development asset located on the corner of Cambie Street and West 41st Avenue in the Oakridge neighbourhood within the affluent Westside of Vancouver. Ideally, the Owner will retain the ground floor retail of the completed development. C&W on behalf of the Owner is seeking a development partner with significant mixed-use concrete development experience throughout Metro Vancouver. The Owner will consider a co-ownership agreement with a tier-one developer for an interest in the asset. Parties interested in acquiring an interest in the property and subsequent joint venture development agreement are encouraged to contact the listing agent for offering guidelines and pricing guidance.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

oakridge place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C-1

APN/PARCEL ID

006-854-982

ASK ABOUT THIS PROPERTY

Frances WuCushman & WakefieldMore Info
604-683-3111

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Frances WuCushman & WakefieldMore Info
604-683-3111

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