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1st Floor - Unit 2515
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Retail
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722 SF
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$665,322 USD
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Unit Size: 722 SF
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Condo Use: Retail
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Price: $665,322 USD
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Sale Type: Investment
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Price/SF: $921.50 USD
Description
Excellent investment opportunity in the heart of Port Moody at 2515 Clarke Street. This fully-leased commercial property offers a stable, income-producing asset anchored by a long-standing Port Moody business as the tenant. The property is being offered at a 5% cap rate, with contracted rent escalations bringing the yield to 5.3% over the term ' providing investors with a secure income stream and built-in growth. The location offers outstanding visibility, steady foot traffic, and close proximity to Moody Centre SkyTrain, West Coast Express, and local amenities, supporting long-term tenant stability and asset value. With a proven, established tenant already in place, this is a turnkey opportunity for investors seeking reliable returns in a fast-growing and vibrant community.
Sale Notes
Excellent investment opportunity in the heart of Port Moody at 2515 Clarke Street. This fully-leased commercial property offers a stable, income-producing asset anchored by a long-standing Port Moody business as the tenant. The property is being offered at a 5% cap rate, with contracted rent escalations bringing the yield to 5.3% over the term ' providing investors with a secure income stream and built-in growth. The location offers outstanding visibility, steady foot traffic, and close proximity to Moody Centre SkyTrain, West Coast Express, and local amenities, supporting long-term tenant stability and asset value. With a proven, established tenant already in place, this is a turnkey opportunity.
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