Type: Office
$1,650,000
About this Office in Chilliwack Proper South
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.
Listed by Marcus & Millichap.
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.
Listed by Marcus & Millichap.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Schreder Brothers for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: C8076919
- Type: Office
- Sub Type: Retail
