Metrotown, Burnaby South
1211 - 4500 Kingsway
Offered at $938,888
About this Retail in Metrotown, Burnaby South
Type: Retail
Rare opportunity to acquire a high-visibility retail unit inside Burnaby’s iconic Crystal Mall (1211-4500 Kingsway). Spanning 354 sq. ft., this prime commercial space is fully leased to AAA tenant Rogers Communications, delivering secure, hassle-free passive income from day one. Investment Highlights: Asking Price: $938,000 (~$2,650/sq. ft.) Current NOI: $48,000/year (5.12% Cap Rate) Built-in Income Growth: May 2026 – Apr 2027: $4,000/mo ($48,000/yr) May 2027 – Apr 2028: $4,100/mo ($49,200/yr) May 2028 – Apr 2029: $4,200/mo ($50,400/yr) Location & Foot Traffic: Situated in the heart of Metrotown with unmatched heavy pedestrian flow, directly accessible to transit, restaurants, and retail hubs. An ideal turn-key investment with scheduled rent escalations and a reliable corporate tenant in place. Contact us today for details!
Listed by Royal Regal Realty Ltd..
Listed by Royal Regal Realty 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 Burnaby South
- MLS®C8083348
- TypeRetail
- ZoningRM5
- Sub TypeRetail
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