604-307-1813
7229 Kingsway, Burnaby, BC for Sale
Restaurant - FOR SALE
1/11
null | Request Cap Rate

7229 Kingsway
Burnaby, BC V5E 1G5


OVERVIEW

CBRE Limited is pleased to offer an exclusive opportunity to purchase a 1.04 acre redevelopment property located at 7229 Kingsway in Burnaby, BC (the “Property”), designated within the new preliminary Edmonds Town Centre Plan as Town Centre node under the City of Burnaby’s Official Community Plan, which hopes to permit building heights up to 50+ storeys. Located in the neighbourhood of Edmonds Street and just to the east of Metrotown, this exceptionally well-located rental development site has two buildings on the lot which are fully leased to McDonald’s and Me-n-Ed’s Pizza Parlor. The Property is nestled in a high-traffic area with great exposure along Kingsway and immediate access to neighbourhood amenities, grocery stores, retail shops, cafés and restaurants. It is on a major transit corridor and is only a 13 minute walk to the Edmonds Station (Expo Line). For more information, and to request the NDA, please contact: Bianca Gilbert Personal Real Estate Corporation 604 374 8221 bianca.gilbert@cbre.com Casey Pollard Personal Real Estate Corporation 604 307 1813 casey.pollard@cbre.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7229 Kingsway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

007-085-541

ASK ABOUT THIS PROPERTY

604-307-1813

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604-307-1813

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