10240 River Rd - Service Station FOR SALE


Delta, BC V4C 2R3
$5,760,000 CAD
10240 River Rd, Delta, BC for Sale
$5,760,000 CAD
Service Station - FOR SALE
1/5
null | 5% Cap Rate

10240 River Rd
Delta, BC V4C 2R3


HIGHLIGHTS

  • Fully leased retail investment property with long-term tenancy in place.
  • Prominent corner location with visibility along River Road.
  • Existing Canco gas station and convenience store operation.
  • Access to Highway 91, Highway 17, and the Alex Fraser Bridge.

OVERVIEW

HIGH-EXPOSURE INCOME PROPERTY with 5% cap rate PLUS rent escalation. Positioned in Delta's growth corridor, this sprawling 30,147 SF (0 .69 AC) corner lot boasts incredible exposure, easy site access, extensive parking, and a 2,205 SQFT retail building. Fully tenanted on a long term lease with strong holding income, it pays for itself while you navigate project planning for the future. Designated "Neighbourhood Centres & Corridors" under Delta's OCP, encouraging multi-unit residential and mixed-use development up to 6 storeys (townhouses, mid-rise apartments, ground-floor retail mixed-use). High-visibility location along River Road with seamless access to Hwy 91, Hwy 17, and Alex Fraser Bridge.

FOR SALE DETAILS

PRICE

$5,760,000 CAD

PRICE/SF

$2,612 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,375 SF

ZONING

C4

APN/PARCEL ID

014823152

ASK ABOUT THIS PROPERTY

Joseph Liang PRECDracco Pacific RealtyMore Info

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Joseph Liang PRECDracco Pacific RealtyMore Info

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