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$ 1,650,000
Est. payment | /mo
0.29 Acres Lot
$ 1,650,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8076919
Lot Size 0.290 Acres
Property Sub-Type Retail
Property Description
The Subject Property presents a rare opportunity for an investor to acquire a freestanding automotive investment property secured by a true NNN lease with Grip Auto & Tire, a multi-location operator. The Property features 4,552 SF of rentable area situated on a 12,749 SF lot with M2 zoning, offering excellent exposure along Airport Road with convenient access and on-site parking. Recent Phase I & II available. NOI (September): $78,540. 4.76% Cap Rate.
Location
Province BC
Community Chilliwack Proper South
Area Chilliwack
Zoning M2
Others
Ownership Freehold

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