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Miscellaneous

7521 Briskham Street

7521 Briskham St, Mission, BC V2V 3L8

Listing Price: $1,295,000

Cap Rate
3.54%
Tenant Name
Kids & Company
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,237
Lease Type
Gross Lease
Rent Per Square Feet
$24.14

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 7521 Briskham Street, Mission, B.C. (the “Subject Property”). The Subject Property is a single-tenant daycare facility leased by Kids & Company, an international daycare operation with over 150 locations throughout North America. Boasting a 11,730 SF lot under the Attached Multi-Unit Residential designation in the Mission OCP, the Subject Property provides prospective purchasers with an opportunity to acquire a future multifamily development site, currently secured by a strong corporate covenant at an attractive price point.

Investment Highlights

  • Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
  • Tenanted by Kids & Company, an international daycare operation with over 150 locations throughout North America
  • Future development potential by way of the Attached Multi-Unit Residential designation under the OCP, which allows for a maximum density of 1.5 FSR for multifamily developments

Exclusively Listed By

Miscellaneous

7521 Briskham Street

Listing Price: $1,295,000

Cap Rate
3.54%
Tenant Name
Kids & Company
Years Remaining On Lease
4.5
Guarantor
Corporate Guarantee
Rentable SF
2,237
Lease Type
Gross Lease
Rent Per Square Feet
$24.14

Investment Highlights

  • Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
  • Tenanted by Kids & Company, an international daycare operation with over 150 locations throughout North America
  • Future development potential by way of the Attached Multi-Unit Residential designation under the OCP, which allows for a maximum density of 1.5 FSR for multifamily developments

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 7521 Briskham Street, Mission, B.C. (the “Subject Property”). The Subject Property is a single-tenant daycare facility leased by Kids & Company, an international daycare operation with over 150 locations throughout North America. Boasting a 11,730 SF lot under the Attached Multi-Unit Residential designation in the Mission OCP, the Subject Property provides prospective purchasers with an opportunity to acquire a future multifamily development site, currently secured by a strong corporate covenant at an attractive price point.

Exclusively Listed By

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