South Fraser Medical - 1.6 mil 7.5 cap rate

6668 Fraser Street

6668 Fraser Street, Vancouver, BC V5X3T5

• 

• Price:
  
  
  
  Price Not Disclosed - Flyer says 1.6 million with option for Vendor to take back 10%
  
• Building Size:
  
  
  2,620 SF
• Property Type:
  
  
  Retail
• Property Sub-type:
  
  
  Street Retail
• Property Use Type:
  
  
  Investment
• Cap Rate:
  
  
  7.50%
• Tenancy:
  
  
  Single
• Find Out More...

Last Verified 7/20/2010 Listing ID 16496640

Description

The subject property is improved with a freestanding, single-storey, flex/office building, constructed in circa 1959. Constructed using structural wood frame with concrete block walls behind a wood siding facade, the building offers approximately 2,620 square feet of prime leasable space. The space currently offers twelve (12) exam rooms, four (4) offices, a lobby, a reception area, one (1) lab, a utility room, and (2) two bathrooms. The property offers four (4) parking spaces on a surface lot.
Fronting on the east side of Fraser Street between 50th and 51st Avenue in the Vancouver, the subject property is strategically located in Vancouver' s preferred Fraser Heights District.

Attachments

• Flyer(287 KB)

Financial Summary

• 
  
  Actual
• Net Operating Income
  
  
  
  $90,000 CAD

Commercial property information by LoopNet