Rarely does an opportunity arise to acquire over 200 feet of high-exposure retail frontage on the most active block of Marine Drive in White Rock. This 6,727 SF mixed-retail asset consists of five demised units within a single strata lot and offers investors a strong in-place return f approximately 5% with significant near-term upside. Rental growth can be achieved through lease-up of the vacant unit, scheduled rent increases, and forthcoming lease renewals. Situated in one of Metro Vancouver's most desirable waterfront communities, this value-add investment is attractively priced relative to its $4,603,000 assessed value. (id:54441)
| MLS® Number | C8079456 |
| Property Type | Retail |
| Acreage | No |
https://www.realtor.ca/real-estate/29876826/14881-marine-drive-white-rock
Contact us for more information
Stanley Chiu
Personal Real Estate Corporation
(604) 736-6761
(604) 736-6768
www.gammoninternational.com
Howard Mak
(604) 293-8888
(604) 293-8887
www.oakwyn.com
Jason Fan
The Key Agents
(604) 848-8988
(604) 727-9968
www.grandcentralrealty.com