955-995 Hornby St - Storefront Retail/Office CONDO FOR SALE


Vancouver, BC V6Z 1V3
$2,050,000 CAD
604-307-1813
955-995 Hornby St, Vancouver, BC for Sale
$2,050,000 CAD
Storefront Retail/Office CONDO - FOR SALE
1/9
null | 3% Cap Rate

955-995 Hornby St
Vancouver, BC V6Z 1V3


HIGHLIGHTS

  • High-foot traffic area with a walk score of 98
  • Pattison High School located just around the corner
  • Huge exposure to the several thousand vehicles that drive by each day

OVERVIEW

CBRE Limited is pleased to present the opportunity to purchase 1,098 square feet of AAA micro-strata retail space located in the heart of Downtown Vancouver near the corner of Nelson Street and Hornby Street. The space is currently leased on a triple-net basis to Pokerrito, a modern counter serve restaurant offering build-your-own and Hawaiian-style bowls with a Japanese twist which currently operates 10 locations across Metro Vancouver. Own this exceptional asset, which is currently returning a 3% cap rate with rental step-ups preset for the next three years. Then, will increase as the market allows.

FOR SALE DETAILS

PRICE

$2,050,000 CAD

PRICE/SF

$1,867 CAD /SF

CAP RATE

3%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

1,098 SF

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CD-1

APN/PARCEL ID

024-480-771,024-480-789

ASK ABOUT THIS PROPERTY

604-307-1813

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604-307-1813

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