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$ 4,250,000
Est. payment | /mo
$ 4,250,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8077816
Property Sub-Type Retail
Property Description
4,334 sf of prime retail & office income generating strata units (102, 103, 104) at The Mark in Abbotsford! These 3 contiguous units are fully improved with 12 enclosed offices and meeting rooms, open concept workspaces, kitchenettes and additional amenities built to a high level of interior finishes. This unit comes with 8 underground parking stalls. The units are owned, and 100% occupied, by Backbone Coworking and Executive Offices, who would enter into a sale- leaseback to remain a tenant, at terms to be negotiated, and are suitable to the Purchaser. The owner will execute a triple-net lease that reflects a 6.25% cap rate on the purchase price. The owner would also be willing to accommodate an owner-user, and vacate the space, should a buyer want to occupy the units. The units are well-located in a high-growth area.
Location
Province BC
Community Abbotsford West
Area Abbotsford
Zoning C5
Exterior
Utilities Available Electricity Connected, Fully Serviced, Natural Gas Connected, Sidewalk
Building
Sewer Storm Sewer
Water Public
Others
Ownership Strata

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