North Coquitlam, Coquitlam
1 - 1161 The High Street
Offered at $8,520,000
About this Retail in North Coquitlam, Coquitlam
Type: Retail
Great hands-free investment opportunity. High visibility, corner strata unit, with Bank of Montreal as Tenant. BMO has just renewed again, and this time for 10 years. Cap rate is 3.5%, with rental bumps throughout term. Tenant intends to substantially renovate premises. Strata unit is 6,938 sf and is the largest tenant in the building, and as such has by far the most votes. This is a very simple property to own. First time on the market in over 20 years. Building has parking for commercial tenants. Great location in Coquitlam Town Centre.
Listed by Lennard Commercial Realty Vancouver Ltd..
Listed by Lennard Commercial Realty Vancouver Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman for your convenience.
Disclaimer: 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.
More Details About This Retail in Coquitlam
- MLS®C8077642
- TypeRetail
- ZoningC-7
- Lot302,219,280 sqft
- Sub TypeRetail
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