FOR SALE OFFERED EXCLUSIVELY Multi-Tenant Retail Investment Property
45833 Alexander Ave Chilliwack, BC
Highlights 32,760 Square Foot Parcel (0.75 Acre) 12,032 Square Feet of Building Flexibility up to 8 Units High Traffic Area Major Retail Centre 75% Leased Built 2014
NAI Commercial - Langley Ltd. Ken Kiers PREC* Terry Harding 5718 Glover Road Personal Real Estate Corporation Senior Vice President Langley, BC V3A 4H8 604-209-2222 604 691 6615 604 534 7974 [email protected] [email protected] naibc.ca FOR SALE OFFERED EXCLUSIVELY Multi-Tenant Retail The Opportunity NAI Commercial is pleased to exclusively offer FOR SALE, Investment Property a rare multi-tenanted Investment Property in the desirable Fraser Valley. The Property was initially designed with the intent of creating 8 separate leasable units, however, one larger Salient Details tenant leased 5,110 square feet creating a total of five Legal Lot 1 District Lot 28 Group 2 New Westminster leasable units at present. Three of the remaining four units District Plan BCP46116 are currently leased, leaving one unit available for lease. PID 028-348-427 The City of Chilliwack has provided property Tax relief to the Property. Details to be provided upon execution of a C2 (Local Commercial) Zone Non-Disclosure Agreement Site 32,670 Square Feet (0.75 Acres) Area The Location Building 1 2,675 SF Leased 1,260 SF Leased Chilliwack is the second largest and fastest growing city in the Fraser Valley Regional District, projected to grow at a 2,987 SF Available rate of 12.7% over the next five years 6,922 SF
The City is benefiting from the brand new Molson Coors Building 2 5,110 SF Leased Brewery which has created over 100 direct jobs and numerous support industries in the area. Total 12,032 SF The Subject Property is situated just off of Yale road which 5.32% CAP Rate when Fully Leased is a major north/south arterial through the City. Immediate neighbours include FreshCo (Safeway) HSBC, Envision, Lease terms and rates to be provided to qualified buyers Corky’s Pub and many more. McDonalds is just down the upon execution of a Non-Disclosure Agreement street and the Chilliwack General Hospital is 650 metres away. Several newly constructed housing units are in the Asking: $4,900,000 immediate vicinity of the Property.
Ken Kiers PREC* Terry Harding NAI Commercial - Langley Ltd. Personal Real Estate Corporation Senior Vice President 5718 Glover Road Langley, BC V3A 4H8 604-209-2222 604 691 6615 604 534 7974 [email protected] [email protected] naibc.ca
SPADINA AVE
YOUNG ROAD ROAD YOUNG YOUNG
YALE ROAD FIRST AVE
HODGINS AVE COAST CHILLIWACK HOTEL
CHILLIWACK LIBRARY CHILLIWACK GENERAL HOSPITAL
SUBJECT PROPERTY
ALEXANDER AVE
YOUNG ROAD ROAD YOUNG YOUNG BERNARD AVE RAILWAY AVE
YALE ROAD YALE
Terry Harding Ken Kiers PREC* Senior Vice President Personal Real Estate Corporation 604 691 6615 604 209 2222 [email protected] [email protected]
NAI Commercial - Langley Ltd. 5718 Glover Road No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted Langley, BC V3A 4H8 subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any 604 534 7974 special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied. naibc.ca