4,500 ft2
$2,890,000Maintenance,
$564.54 Monthly
Rare opportunity to purchase 2 high-exposure, tenanted industrial strata units totaling approx. 4,500 sq.ft. in South Richmond's Riverside Industrial Park, near No. 5 Rd and Steveston Hwy, behind Ironwood Mall. Currently leased to a dance academy with a $3/sq.ft. annual increase. Monthly net rent: Yr 1 - $7,125; Yr 2 - $8,250; Yr 3 - $9,375; Yr 4 - $10,500; Yr 5 - $11,625. Lease expires Aug 31, 2030. Corner/end units with 14' ceilings, 2 grade loading doors, IB1 zoning, great exposure along Horseshoe Way, and easy access to Hwy 91 & 99. (id:60626)
Property Details
|
MLS® Number
|
C8073391 |
|
Property Type
|
Industrial |
|
Neigbourhood
|
Woodward's Landing |
Building
|
Constructed Date
|
1980 |
|
Size Interior
|
4,500 Ft2 |
Land
|
Acreage
|
No |
|
Sewer
|
Storm Sewer |
|
Zoning Description
|
Ib1 |
Utilities
|
Electricity
|
Available |
|
Sewer
|
Available |