100% Leased New Commercial Building with Drive-Thru

1940 Oxford Connector, Port Coquitlam, BC Canada

$7,325,000

Price

3.55%

Cap Rate

$259,000

NOI

Overview
Cap Rate
3.55%
NOI
$259,000
Building Size
6,460 sqft
Lot Area
29,000 sqft
Occupancy
100%
Lease Type
Triple Net
Year Built
2015
Tenancy
Multiple
Parking Spots
27
Investment Strategy
Core
Description

The Subject Property is a two-storey, multi-tenant commercial building with highly coveted drive-thru capabilities with exposure and easy access and egress to Lougheed Highway. The building was constructed in 2015 and is 100% leased to Carl's Jr., Reflex Supplements, Johnson Meier Insurance and CADA Consulting, each on 5-10 year leases plus renewal options.

Highlights
  • Excellent exposure to Lougheed Highway, with ease of access and egress
  • Surrounded by several national retailers
  • Close proximity to large residential area
  • Strategically located between two Regional Shopping Centres in Coquitlam Centre and Fremont Village
Documents

Location
Gallery