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702 1150 MARINE Drive in North Vancouver: Pemberton NV Retail for sale : MLS® # C8016725

702 1150 MARINE Drive North Vancouver V7P 1S8 : Pemberton NV

Main Photo: 702 1150 MARINE Drive in North Vancouver: Pemberton NV Retail for sale : MLS® # C8016725
$1,296,000
Prop. Type:
Retail
MLS® Num:
C8016725
Status:
Active
Build. Type:
Condo Strata Complex
RARE prime MEDICAL orientated retail street front 1376/sqft strata space in the sought after District Crossing building in the Marine Drive corridor. Currently rented to a very well establish local medical orientated business 4 years remaining on a 10yr lease. Built by Qualex Landmark in 2011, this unit offers 1376 of excellent walk up retail space in well run medical orientated strata. Neighbouring units in strata include Dentist, Pharmasave, Family Dr Clinic, Optometrist & BMO bank. Rapid growth coming to this area with development of Park West. RARE OPPORTUNITY and excellent long term investment. Currently generating $38,892 in net income with escalating rent over remaining 4 years w/option to renew. 1 parking included + visitor parking. Call listing agent for buyers package.
Sale Type:
Asset
Lease Type:
Gross Escalating
Lease Term:
120
Total space avail for lease:
Switch units of measure1,367 sq. ft.
Property Type:
Retail
Construction:
Wood Frame
Building Type:
Condo Strata Complex
Year built:
2011 (Age: 7)
Total Floor Area:
Switch units of measure1,367 sq. ft.
Retail Size:
Switch units of measure1,367 sq. ft.
Land Use/Zoning:
C9
Taxes:
$11,300.09 / 2017
Env Assmt Phase:
None
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Effective Gross Income:
Gross Income:
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Condo Fee:
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Listed Date:
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Listed by Royal LePage Sussex
Listing information last updated on 23-Jan-2018 3:38 AM
Mark Cumming