Retail for sale
4430 Dunbar Street, Dunbar, Vancouver
$6,830,000
Description
-Well-established, 4th generation, family-run liquor retailer providing an investor with stable cash flow. -Below-market lease rates, offering long-term upside and relatively low cost per square foot of existing improvements. Lease includes scheduled rental escalations. ->12 locations across British Columbia. Successfully operating since 1981. -Leasable Area: 3,747 SF -NOI Schedule: Yrs 1-5: $229,320 / annum and Yrs 6-10: $248,055 / annum Price: $6,830,000 ($1,823 PSF) | Cap Rate: 3.36%
MLS® Number C8057701