1161-1163 8328 CAPSTAN WAY
Richmond, British Columbia
MLS® C8074525
$5,400,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8074525
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1998
Listing description
Exceptional Investment Opportunity: With a CAP rate over 5. 5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road.
Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. New lease agreement starting in April.
Act fast'contact us today and please respect tenant privacy
Property summary
- MLS® number
- C8074525
- Property type
- Retail
- Square footage
- 3,858 sq ft
- Built in
- 1998
- Annual property taxes
- $10,596.51
- Days on market
- 263 days
Features & details
- Lot features
- Lane, Freight elevator
What would this home cost you?
Based on the $5,400,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Unilife Realty Inc., Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.