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6204 Fraser St

10,786 SF Retail Building Vancouver, BC V5W 3A1 $8,359,799 USD ($775 USD/SF) 2.61% Cap Rate

Investment Highlights

  • Long term NNN lease offering

Executive Summary

Well maintained, freestanding investment property located mid block on Fraser St between E 47th and 45th ave in Vancouver. Long term and hands off NNN lease agreement in place with AAA tenant, Canadian Imperial Bank of Commerce (CIBC). Strong underlying land value in a rapidly evolving neighborhood. Please inquire for additional details re: this stable, generational investment opportunity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
10,786 SF
Building Class
B
Year Built
1951
Price
$8,359,799 USD
Price Per SF
$775 USD
Cap Rate
2.61%
NOI
$218,348 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.25 AC
Zoning
C-2 - Commercial
Frontage
82 FT on fraser St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (78)
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

Scotiabank
Hsbc Bank
CIBC
Tim Hortons
TD Canada Trust
Starbucks
RBC Royal Bank
Canada Safeway Limited
  • Listing ID: 34212041

  • Date on Market: 6/6/2022

  • Last Updated:

  • Address: 6204 Fraser St, Vancouver, BC V5W 3A1

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