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23 5725 VEDDER ROAD|Garrison Crossing, Chilliwack | $925,000

Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4.5% with lease recently renewed through July 2031, plus an additional 5-year renewal option.

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Description

Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4.5% with lease recently renewed through July 2031, plus an additional 5-year renewal option.

General Info

MLS Listing ID: C8078582 Bedrooms: 0 Bathrooms: 0 Year Built: 2008
Parking: N/A Heating: N/A Lotsize: 0 Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: Security system Basement: N/A

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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 .