1004 West Broadway, Vancouver

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Property Details

Colliers is pleased to present for sale 1004 West Broadway, a single-tenant retail building fully leased to Scotiabank until 2016.Asking price: $4,488,000.

Highlights:

  • Freehold interest in corner retail property in the heart of the Broadway Corridor
  • Fully leased to Scotiabank until 2016 (Demolition clause thereafter)
  • Significant holding income with contractual rent growth; additional signage and parking income
  • Prominent, high-traffic West Broadway and Oak location
  • Redevelopment potential to align with future rapid transit connectivity
  • 6,250 SF site with 50 feet of frontage along West Broadway and 125 feet of frontage on Oak Street.
  • The property is improved with a 2,995 SF building
  • Net Operating Income: $115,070

Contact Simon Lim or David Taylor for further information.