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13500 Maycrest Way

7,231 SF Industrial Unit Offered at £2,349,497 in Richmond, BC V6V 2N8

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Property Facts

Price	£2,349,497	Building Class	B
Unit Size	7,231 SF	Number of Floors	2
No. Units	1	Typical Floor Size	3,616 SF
Total Building Size	7,231 SF	Year Built	1992
Property Type	Light Industrial (Unit)	Tenancy	Single
Property Subtype	Showroom	Lot Size	1.81 AC
Sale Type	Investment or Owner User

Price	£2,349,497
Unit Size	7,231 SF
No. Units	1
Total Building Size	7,231 SF
Property Type	Light Industrial (Unit)
Property Subtype	Showroom
Sale Type	Investment or Owner User
Building Class	B
Number of Floors	2
Typical Floor Size	3,616 SF
Year Built	1992
Tenancy	Single
Lot Size	1.81 AC

1 Unit Available

Unit 105/110

Unit Size	7,231 SF	Net Initial Yield	2.81%
Price	£2,349,497	NOI	£65,982.82
Price Per SF	£324.92	No. Parking Spaces	7
Unit Use	Industrial	APN/Parcel ID	017-667-071
Sale Type	Investment or Owner User

Unit Size	7,231 SF
Price	£2,349,497
Price Per SF	£324.92
Unit Use	Industrial
Sale Type	Investment or Owner User
Net Initial Yield	2.81%
NOI	£65,982.82
No. Parking Spaces	7
APN/Parcel ID	017-667-071

Description

Total useable space is 7,231 SF. Executive grade improvements in the mezzanine (2,629 SF) spanning above the Office/Showroom (2,629 SF) Separated into 2 Office/Showrooms. High ceiling warehouse (1,895 SF) with 2 grade-level loading bays & overhead doors. Demising walls could be restored to return space into 2 individual strata units. DO NOT DISTURB TENANTS.

Sale Notes

RICHMOND INVESTMENT OPPORTUNITY. 3% CAP RATE. Stable tenant paying market rent until Nov. 2026 with a 5-year renewal option. High-quality attractive corner unit with upper and lower glazing along the south and east elevations & joined to the adjacent strata unit. The property is located in a well-maintained Industrial Business Park with storefront exposure to the street. Easy access to major transportation routes and traffic hubs connecting to Vancouver International Airport, BC Ferries, adjacent to Number 6 Rd between Westminster Highway & Cambie Rd, the East/West Connector, Highway 99, Knight Street and Oak Street Bridges. DO NOT DISTURB TENANTS.