Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Retail · Chilliwack

23 5725 Vedder Road

Chilliwack, BC V2R3N4

$960,000

152 days on market

Bedrooms
0
Bathrooms
0
Floor area
1,367 sq ft
Type
Retail
Year built
2008
MLS®
C8078582

About this home

Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$4,251
Strata fee$0
Property taxannual ÷ 12$0
Est. monthly total$4,251
Down payment + BC property transfer taxbefore any first-time buyer exemption$209,200

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Listing courtesy of Royal Pacific Tri-Cities Realty. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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