1st Floor - Unit 991&993
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Retail
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1,098 SF
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$1,441,631 USD
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Unit Size: 1,098 SF
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Condo Use: Retail
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Price: $1,441,631 USD
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Sale Type: Investment
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Price/SF: $1,312.96 USD
Description
1,098 square feet of AAA micro-strata retail space located in the heart of Downtown Vancouver near the corner of Nelson Street and Hornby Street
Sale Notes
CBRE Limited is pleased to present the opportunity to purchase 1,098 square feet of AAA micro-strata retail space located in the heart of Downtown Vancouver near the corner of Nelson Street and Hornby Street. The space is currently leased on a triple-net basis to Pokerrito, a modern counter serve restaurant offering build-your-own and Hawaiian-style bowls with a Japanese twist which currently operates 10 locations across Metro Vancouver. Own this exceptional asset, which is currently returning a 3% cap rate with rental step-ups preset for the next three years. Then, will increase as the market allows.
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