Opportunity to acquire a fully-leased, income producing retail plaza with rental escalations and a mid-long term redevelopment potential! The Subject Property is highly visible and easily accessible in North Vancouver's most prominent retail commercial corridors. The space is being occupied by two well-known & established tenants: a Taekwondo Studio & Daycare Center. Both tenants are signed to brand-new long term net leases with rental escalations throughout the term. In addition, both leases comprise of early termination rights in favour of the landlord. There is excellent holding income with an inherent underlying opportunity for future redevelopment in 8-10 years! The subject Property is 15,000 SF with 7,350 SF of rentable area. The parking included 24 underground and 12 surface-level stalls. Competitively priced at $11,325,000 with a 3.25% cap rate. Please do not disturb tenants.
2916 Lonsdale Ave,
Oct 31, 2019
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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
This home is serviced by Carisbrooke Elementary. The property is located 1.42 km from the school. Carisbrooke Elementary has a rating of 8/10. This home is also serviced by Carson Graham Secondary. The home is located 1.73 km from school. Carson Graham Secondary has a rating of 3/10.
The closest elementary independent school with good rating is Holy Trinity School. The School's rating is 10/10 and it is located 0.35 km from 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9, C8028816.
The closest Secondary Private School with good rating is Collingwood School. The School's rating is 10/10. The school is located 7.21 km from this home for sale.
The closest Skytrain/Railway station is Seabus Station @ Lonsdale Quay on Seabus line in 4.79 km from this home.
This North Vancouver home for sale is in the neighbourhood with a amount of rented dwellings. %18.7 of all dwellings are currently occupied by renters. Average gross rent is $1196 which is High compared to the local average.
2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9,C8028816 is situated in North Vancouver, North Vancouver. 92.0% are Canadian Citizens in this neighbourhood, which is Very high in comparison to local rate.
This 2916 Lonsdale Ave home for sale is located in the neighbourhood where 1% of the population does not know official languages. This is a percentage in comparison to the Metro Vancouver and Fraser Valley average.
The median age of population near the 2916 Lonsdale Ave home for sale 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9 is 44.0. Which is Average in comparison with the local average.
2916 Lonsdale Ave, North Vancouver property for sale is situated in the area with a percentage of singles, 35.6%.
Average number of families with children near C8028816 is 1.1 which is Average in comparison with British Columbia
MLS Listing for sale C8028816 is in the North Vancouver, North Vancouver where 30.7% of the population are immigrants. It is a Very low number compared to BC average.
The closest daycare without violation is Bella Balloon Childcare Centre. MLS® C8028816 is located in 1.40km from this daycare.
for sale 2916 Lonsdale Ave, North Vancouver, BC - V7N 4H9,C8028816 is situated in Upper Lonsdale in North Vancouver.
The Average Price for this kind of homes is 0.00% than similar homes in the city and 0.00% than similar properties in the neighbourhood.
Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. Information regarding school boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school or school system.
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Holy Trinity School
Ecole Andre Piolat
L'ecole Francaise Int'l de Vancouver
Vancouver Waldorf Early Childhood School
Vancouver Waldorf School
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