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955-995 Hornby St
1,098 SF Retail Unit Offered at £1,131,610 in Vancouver, BC V6Z 1V3
Investment Highlights
- High-foot traffic area with a walk score of 98
- Huge exposure to the several thousand vehicles that drive by each day
- Pattison High School located just around the corner
Property Facts
| Price | £1,131,610 | Property Subtype | Storefront Retail/Office |
| Unit Size | 1,098 SF | Sale Type | Investment |
| No. Units | 1 | Number of Floors | 1 |
| Total Building Size | 1,098 SF | Typical Floor Size | 1,098 SF |
| Property Type | Retail (Unit) | Year Built | 1975 |
| Price | £1,131,610 |
| Unit Size | 1,098 SF |
| No. Units | 1 |
| Total Building Size | 1,098 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Investment |
| Number of Floors | 1 |
| Typical Floor Size | 1,098 SF |
| Year Built | 1975 |
1 Unit Available
Unit 991&993
| Unit Size | 1,098 SF | Sale Type | Investment |
| Price | £1,131,610 | Net Initial Yield | 3.00% |
| Price Per SF | £1,030.61 | NOI | £33,948.29 |
| Unit Use | Retail |
| Unit Size | 1,098 SF |
| Price | £1,131,610 |
| Price Per SF | £1,030.61 |
| Unit Use | Retail |
| Sale Type | Investment |
| Net Initial Yield | 3.00% |
| NOI | £33,948.29 |
Description
1,098 square feet of AAA micro-strata retail space located in the heart of Downtown Vancouver near the corner of Nelson Street and Hornby Street
Sale Notes
CBRE Limited is pleased to present the opportunity to purchase 1,098 square feet of AAA micro-strata retail space located in the heart of Downtown Vancouver near the corner of Nelson Street and Hornby Street. The space is currently leased on a triple-net basis to Pokerrito, a modern counter serve restaurant offering build-your-own and Hawaiian-style bowls with a Japanese twist which currently operates 10 locations across Metro Vancouver. Own this exceptional asset, which is currently returning a 3% cap rate with rental step-ups preset for the next three years. Then, will increase as the market allows.
Nearby Major Retailers
zoning
| Zoning Code | CD-1 (Comprehensive Development) |
| CD-1 (Comprehensive Development) |
-
Casey Pollard, PREC -
CBRE
Presented by
955-995 Hornby St
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