8000 No. 3 Rd - Retail FOR SALE


Richmond, BC V6Y 2E3
$5,900,000 CAD
604-542-2444

NO PHOTO

$5,900,000 CAD
Retail - FOR SALE
null | 1.65% Cap Rate

8000 No. 3 Rd
Richmond, BC V6Y 2E3


OVERVIEW

Macdonald Commercial presents an opportunity to purchase a single-tenant investment property with redevelopment potential in Richmond, BC. The subject property is currently tenanted by a well-established tenant in 7-Eleven, the world’s largest operator of convenience stores. The subject property is comprised of a 2785 square-foot freestanding building situated on a site that is approximately 16,851 square feet (.39 Acres), with the remainder of the property improved with an asphalt surface parking area containing approximately 13 parking stalls. Preliminary discussions with the City of Richmond regarding a potential redevelopment of the subject property have indicated that the City may support a 100% market rental apartment building.

FOR SALE DETAILS

PRICE

$5,900,000 CAD

PRICE/SF

$2,118 CAD /SF

CAP RATE

1.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,851 SF

ZONING

CL

APN/PARCEL ID

007-362-200

ASK ABOUT THIS PROPERTY

Vic SandharMacdonald CommercialMore Info
604-542-2444

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Vic SandharMacdonald CommercialMore Info
604-542-2444

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