Three separate, strata titled, fully improved, professional office units that are leased to one long term tenant who has been in the subject units since 2005. The subject units are located on the third floor of building "A" and face to the North with extensive views towards the Northshore mountains. Elevator access is provided from the ground floor lobby. 4.70% capitalization rate based on a stable consistent cash flow by a long term tenant. A total of 16 separate assigned parking stalls go with Units 1343, 1353 & 1363 (5.1 Stalls Per 1,000 sq. ft. of rentable area). This is an excellent income investment opportunity for a keen investor wanting to own a commercial investment property. Please contact the listing agent for more details.
Available Space3,158 ft²
Suite Number1343, 1353 & 1363
Net Operating Income$41844
Property UseInvestment property
The Building - Goldbar Business Plaza
The subject property is located in East Richmond on the south-east corner of McMillan Way and the Westminster Highway. The subject unit faces to the north onto the Westminster Highway and on to Highway 91. Due to the subject properties central location most areas of the lower mainland are within a 30 minute drive.
Building Size8,311 ft²