$960,000
Est. payment /mo
Active
5725 Vedder RD #23 Chilliwack, BC V2R 3N4
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8078582
Year Built 2008
Property Sub-Type Retail
Property Description
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 centre, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.
Location
Province BC
Community Garrison Crossing
Area Sardis
Zoning C2
Interior
Heating Forced Air, HVAC System
Cooling Central Air, Forced Air, HVAC System
Appliance Cooler, Freezer
Exterior
Utilities Available Electricity Connected, Fully Serviced, High Speed Internet at Lot Line, Natural Gas Connected, Phone Connected, City Water at Lot Line, Rail Services
Roof Type Asphalt
Street Surface Paved
Accessibility Handicap Access/Facil
Building
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water Public, City Water at Lot Line
Others
Ownership Strata
Security Features Security System
Nearby Locations
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