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10 Marine Dr SE
Vancouver, BC V5X 2S3

Retail Property For Sale

Restaurants British Columbia Vancouver 10 Marine Dr SE, Vancouver, BC V5X 2S3

Executive Summary

Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire 10 SE Marine Drive, Vancouver, B.C. (the “Subject Property”). The Subject Property presents a rarely available investment offering in South Vancouver, featuring a single-tenant drive-thru facility occupied by national tenant, Wendy’s Restaurant of Canada Inc. further supported by underlying land value.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,827 SF
Building Class
B
Year Built
1978
Price
$7,032,349 USD
Price Per SF
$2,488 USD
Cap Rate
3.04%
NOI
$213,558 USD
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.13
Lot Size
0.51 AC
Zoning
I-2
Frontage
85 FT on Ontario Street
 

  • Listing ID: 32001917

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 10 Marine Dr SE, Vancouver, BC V5X 2S3

The Retail Property at 10 Marine Dr SE, Vancouver, BC V5X 2S3 is currently available for sale. Contact Marcus & Millichap for more information.

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