1622 Pemberton Ave

North vancouver, BC, V7P 2S6
MLS® #: C8024351
CBRE Limited

$4,888,000

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Business Type: Retail

Date Listed: Fri, Mar 15, 2019

Property Tax: N/A

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1622 Pemberton Ave

North vancouver, BC, V7P 2S6

$4,888,000

N/A sqft|Retail
MLS® #: C8024351
CBRE Limited

More to See

Property Description

Opportunity: Excellent Investment, Ideal for Owner-Occupiers, and Potential Redevelopment. 1622 Pemberton Avenue is a well positioned, rectangular shaped 7,920 sf site in a high exposure area on the East side of Pemberton Avenue and just slightly south of the Marine Drive Corridor. Area retail amenities include Cactus Club Cafe, Orange Theory, BMO, VanCity, TD, Save-On-Foods, Starbucks, and White Spot. The existing tenant Cloverdale Paint has occupied the building since 2006 and currently holds a lease until 2023, with no option to renew beyond this term. Cloverdale Paint is paying well below market rents. This is a great value maximization property. Please visit CBRE's website for the formal listing brochure.

Details

Property Type: Commercial
Property Tax: N/A
Fees: N/A
Last Updated: Sat, March 16, 2019

Key Facts

MLS® #: C8024351
Style: Office, Retail
Ownership-Type: N/A
Year Built: N/A
sqft: N/A
Date Listed: Mar 15, 2019
Lot Size: N/A
Occupancy: N/A
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NOTE: 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. This website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2019 Real Estate Board of Greater Vancouver. All Rights Reserved.

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NOTE: 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. This website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2019 Real Estate Board of Greater Vancouver. All Rights Reserved.