737 Goldstream Ave | Langford, BC V9B 0H9
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737 Goldstream Ave
Langford, BC V9B 0H9
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Desirable position in an established retail hub within Langford's Goldstream Village
- The Subject Property benefits from reciprocal easements providing access to approximately 163 parking stalls
- Average net rent of $23.6 PSF and a weighted average lease expiry of 3.1 years*, the property offers considerable near-term rental income upside.
- 25,477 SF of rentable area, fully leased to a solid tenant roster comprised of food users and professional services
- Opportunity to acquire the shares of the registered owner and save on Property Transfer Tax
- Located within a rapidly developing area, just 1 km from the Subject Property the region has experienced a population growth of 24.8% (2017-2022)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
25,477 sq ft
Costar Property Class
B
Year Built
1999
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.81
Total Plot Size
0.72 ac
Use Class
C8 - Community Town Centre Pedestrian: The intent of the C8 Zone is to provide for all types of retail and general business oriented to pedestrian needs
Parking
163 Spaces (6.4 Spaces per 1,000 sq ft Leased)
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