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5850 Kingsway

5,575 SF Retail Building Burnaby, BC V5J 1G9 $4,733,893 USD ($849 USD/SF) 2.13% Cap Rate

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire 5850 Kingsway, Burnaby, B.C. The Subject Property is a prime retail site tenanted by Fountain Tire, a leading tire and automotive service provider. Spanning 20,123 square feet, the site offers convenient access from both Kingsway and Russell Avenue, ensuring seamless customer access from surrounding areas.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,575 SF
Building Class
C
Year Built
1972
Price
$4,733,893 USD
Price Per SF
$849 USD
Cap Rate
2.13%
NOI
$100,832 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.46 AC
Zoning
C4 - Service Commercial District
Frontage
143 FT on kingsway

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
Walk Score ®
Very Walkable (76)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

White Spot
RBC Royal Bank
TD Canada Trust
Anytime Fitness
Tim Hortons
iLoveKickboxing
New York Fries
Uncle Tetsu
Thai Express
Nespresso
  • Listing ID: 33852330

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 5850 Kingsway, Burnaby, BC V5J 1G9

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