6204 Fraser St
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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)
Nearby Major Retailers
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6204 Fraser St
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