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Storefront Retail Office Condo For Sale • 3,858 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1161-1163 | Retail | 3,858 SF | $3,984,358 USD | |
DescriptionExceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy Sale NotesExceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road . Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. Secure with leases until 2026 . Act fast-contact us today and please respect tenant privacy |
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This is a rare opportunity to acquire a high-visibility commercial property in the heart of Richmond’s rapidly growing Capstan Village. Positioned on Capstan Way, this property benefits from exceptional exposure as a corner unit with multiple signage opportunities, ensuring maximum visibility for any business. The surrounding neighborhood is experiencing significant residential growth, with thousands of new condominium units under development, creating a strong and expanding customer base. The property is strategically located in a high-traffic area, just minutes from the SkyTrain and offering easy access to major routes including No. 3 Road and Garden City Road. This connectivity enhances accessibility for both customers and employees, making it an ideal location for retail or restaurant operations. With a generous seating capacity of over 100, the space is well-suited for high-volume dining or other customer-focused businesses. The combination of strong tenancy, prime location, and future growth potential makes this an exceptional investment opportunity in one of Richmond’s most dynamic commercial corridors.
| Prime corner unit offering maximum exposure and multiple signage options |
| Located in a rapidly growing neighborhood with thousands of new condos nearby |
| Excellent accessibility, minutes from SkyTrain and major arterial roads |
| Currently leased to a restaurant tenant with over 100-seat capacity |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 22 min | - | 8.5 mi | |
| 24 min | - | 9.5 mi | |
| Airport | Drive | Walk | Distance |
| Vancouver International | 15 min | - | 4.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Tony Lin
Unilife Realty Inc.
Tony Lin
Unilife Realty Inc.