|
1st Floor - Unit 23
|
Retail
|
1,367 SF
|
$696,591 USD
|
|
-
Unit Size: 1,367 SF
-
Condo Use: Retail
-
Price: $696,591 USD
-
Sale Type: Investment
-
Price/SF: $509.58 USD
Description
This 1,367 square foot retail condominium offers an excellent opportunity for owner-users or investors seeking a modern, efficiently designed space within a thriving mixed-use environment. Located in a highly visible and easily accessible position, the suite is ideally suited for a variety of retail or service-oriented uses. Expansive street frontage enhances brand presence, while large display windows allow for superior visibility and abundant natural light.
Sale Notes
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 center, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.
|
Harry Ahn
Royal Pacific Tri-Cities Realty
