5850 Kingsway
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5850 Kingsway
5,575 SF Retail Building Burnaby, BC V5J 1G9 £3,794,215 (£681/SF) 2.13% Net Initial Yield
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire 5850 Kingsway, Burnaby, B.C. The Subject Property is a prime retail site tenanted by Fountain Tire, a leading tire and automotive service provider. Spanning 20,123 square feet, the site offers convenient access from both Kingsway and Russell Avenue, ensuring seamless customer access from surrounding areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,575 SF
Building Class
C
Year Built
1972
Price
£3,794,215
Price Per SF
£681
Net Initial Yield
2.13%
NOI
£80,817
Tenancy
Single
Number of Floors
1
Building FAR
0.28
Lot Size
0.46 AC
Zoning
C4 - Service Commercial District
Frontage
143 ft on kingsway
Amenities
- Bus Route
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
- Drive Thru
Walk Score ®
Very Walkable (76)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
1 of 7
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5850 Kingsway
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