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6360 Kingsway 9,632 sq ft 100% Let Retail Property Burnaby, BC V5E 1C5 £2,110,140 (£219.08/sq ft)
INVESTMENT HIGHLIGHTS
- Freestanding retail building, 5,320 SF
- C-4 zoning, redevelopment potential
- High exposure on Kingsway corridor
- Built in 1949, three-storey structure
- Fully leased, strong investment asset
EXECUTIVE SUMMARY
Great investment opportunity to won a freestanding commercial building in a central location of developing area near High Gate Centre, Burnaby. Good exposure on Kingsway with access off lane to paved secured parking. Well established businesses in place with leases. Great investment with lots of future potential.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
9,632 sq ft
Costar Property Class
C
Year Built
1949
Price
£2,110,140
Price per sq ft
£219.08
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.38
Total Plot Size
0.16 ac
Use Class
C4 - Service Commercial District
Parking
7 Spaces (0.73 Spaces per 1,000 sq ft Leased)
Frontage
69 ft on Kingsway
AMENITIES
- Bus Route
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Storage Space
Walk Score®
Easily Walkable (85)
Bike Score®
Good for cycling (78)
NEARBY MAJOR RETAILERS
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6360 Kingsway
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