1161-1163 8328 CAPSTAN WAY, Richmond | $5,400,000

Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road. Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. New lease agreement starting in April. Act fast'contact us today and please respect tenant privacy

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Description

Exceptional Investment Opportunity: With a CAP rate over 5.5%, this prime corner unit in Richmond's bustling strip mall offers unbeatable street exposure and easy access to No. 3 and Garden City Road. Situated in a rapidly expanding neighborhood with thousands of condo units and a projected population of 16,000 upon development completion, it's just a 2-minute walk from the newly operational Capstan SkyTrain station. Perfect for a large restaurant, it boasts additional signage space and sees heavy foot traffic. New lease agreement starting in April. Act fast'contact us today and please respect tenant privacy

General Info

MLS Listing ID: C8074525 Bedrooms: 0 Bathrooms: 0 Year Built: 1998
Home Style: N/A Finished Floor Area: N/A Fireplaces: Alarm system Basement: N/A

Amenities/Features

  • Lane
  • Freight elevator

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .