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Vacant-User

4493 Main Street

4493 Main St, Vancouver, BC V5V 3L7

Listing Price: $7,500,000

Cap Rate
2.60%
Rentable SF
3,928
Lot Size
0.14 acres
Year Built
1977

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 4493 Main Street, Vancouver, B.C. (the “Subject Property”). The Subject Property is secured by a single lease with Canadian Imperial Bank of Commerce (CIBC), consistently ranked one of the largest Canadian companies in terms of market cap. The offering presents an opportunity to secure a stable, income-producing property in one of Vancouver’s most sought after neighbourhoods, Riley Park.

Investment Highlights

  • Rare location along Main Street, the major north-south thoroughfare bisecting Vancouver with exposure to over 35,000 vehicles per day (VPD)
  • Standalone financial institution comprised of 3,928 SF of leasable area, and 6 parking stalls which can be accessed via all turns on E 29th Avenue
  • Carefree, long-term triple-net lease secured by AAA covenant

Exclusively Listed By

Vacant-User

4493 Main Street

Listing Price: $7,500,000

Cap Rate
2.60%
Rentable SF
3,928
Lot Size
0.14 acres
Year Built
1977

Investment Highlights

  • Rare location along Main Street, the major north-south thoroughfare bisecting Vancouver with exposure to over 35,000 vehicles per day (VPD)
  • Standalone financial institution comprised of 3,928 SF of leasable area, and 6 parking stalls which can be accessed via all turns on E 29th Avenue
  • Carefree, long-term triple-net lease secured by AAA covenant

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate the sale of 4493 Main Street, Vancouver, B.C. (the “Subject Property”). The Subject Property is secured by a single lease with Canadian Imperial Bank of Commerce (CIBC), consistently ranked one of the largest Canadian companies in terms of market cap. The offering presents an opportunity to secure a stable, income-producing property in one of Vancouver’s most sought after neighbourhoods, Riley Park.

Exclusively Listed By

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