1161 The High St
Coquitlam, BC V3B 7W3

• Unit Size: 6,938 SF
• Condo Use: Retail
• Price: $6,225,795 USD
• Sale Type: Investment
• Price/SF: $897.35 USD

Sale Notes

This offering comprises a highly visible ground-floor retail strata unit in Coquitlam Town Centre’s thriving high-density core. Positioned on a prominent corner, the property benefits from excellent pedestrian activity and convenient access to major transit routes. The space is fully leased to the Bank of Montreal (BMO), an established AAA tenant with a long-standing presence in the area and a reputation as one of North America’s leading financial institutions.
The asset features a 10-year lease renewal with BMO, ensuring long-term stable income and attractive rental escalations throughout the term. The tenant has committed to significant renovations, further enhancing the property’s value and modernization. Professionally managed and maintained, the unit is offered below B.C. assessment, providing investors with an appealing acquisition opportunity in a dynamic growth market.
With a zoning designation of C7 – Transit Village Commercial, the property is strategically located within walking distance of Lincoln Station, offering superior connectivity. Surrounded by a mix of retail, residential developments, and lifestyle amenities, this property combines secure tenancy, ease of ownership, and a premium location, making it ideal for investors seeking a low-risk, income-generating asset in one of Metro Vancouver’s fastest-growing nodes.