Elle Retail Property ID: 104 6533 Buswell Street, Richmond

For Sale

Unit Information

Unit Number Area (sqft) Base Rent PSF Operating Costs PSF Monthly Rent
No units available.

Building Information

Min. Floor Area Max. Floor Area Total Building Area Available
N/A N/A 6843 sqft
Lease Term Option to Renew Sublease
Unset N/A --
Percentage Rent Promo/Merch. Fund Operating Costs
0 % -- N/A
Last Modified
3 weeks ago 2021-03-19 19:59

Property Description

Asking price: $6,200,000 

Like new mixed retail/condo package investment opportunity in Central Richmond with approx. 3.23% cap rate.  Fully tenanted with same tenants since Day 1 (2019). 4 Commercial Retail Units (totaling 3636.05 sq ft) + 5 Affordable Housing Units (4 x 1 bedroom, 1 x 2 bedroom, totaling 3207 sq ft) at the 69 unit mixed-use building "Elle". Retail tenants on long term leases with escalations. The property is located at the corner of Cook Rd. and Buswell St., just 1 block from Richmond Centre, Skytrain and No. 3 Rd, highly desirable location with a few minute walk to restaurants, shopping center and services. Please do not disturb Tenants.  Units included in this package for sale are #105, #110, #115, #120, #201, #202, #301, #302 and #602 - 6533 Buswell St.. Only selling as a package.  Please call for details.

**Note: Information subject to change without notice**