23 5725 VEDDER ROAD, Garrison Crossing
Chilliwack, British Columbia
MLS® C8078582
$960,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8078582
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2008
Listing description
Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity.
Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4. 3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.
Property summary
- MLS® number
- C8078582
- Property type
- Retail
- Square footage
- 1,367 sq ft
- Land size
- 0 acres
- Built in
- 2008
- Days on market
- 113 days
What would this home cost you?
Based on the $960,000 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 Royal Pacific Tri-Cities Realty, Coquitlam.
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.