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2212 4500 KINGSWAY in Burnaby: Metrotown Retail for sale (Burnaby South) : MLS®# C8016017

2212 4500 KINGSWAY Burnaby V5H 2A9 : Metrotown

Main Photo: 2212 4500 KINGSWAY in Burnaby: Metrotown Retail for sale (Burnaby South)  : MLS®# C8016017
$1,280,000
Prop. Type:
Retail
MLS® Num:
C8016017
Status:
Active
Build. Type:
Condo Strata Complex
Opportunity to invest in one of the best larger units at Crystal Mall; close to the high traffic food court, between Shiny Tea & the seafood restaurant. The unit boasts a wide storefront with high exposure, open space inside with no structural pillars affecting store layout and available plumbing (no washrooms). Currently leased to an Asian snack store, which has been doing great business for the past 3 years. Lease will be renewed in July 2018 by the current tenant. Expected CAP rate of 3.65% upon renewal.
Sale Type:
Asset
Property Type:
Retail
Construction:
Concrete
Building Type:
Condo Strata Complex, Shopping Centre
Year built:
1999 (Age: 19)
Total Floor Area:
Switch units of measure815 sq. ft.
Land Use/Zoning:
CD
Taxes:
$11,674.04 / 2017
Air Conditioning, Handicap Access/Facil, Storefront
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by Sutton Group-West Coast Realty
Listing information last updated on March 29, 2018 at 06:47 PM (UTC)
Mark Cumming