This unique investment opportunity consists of a ground-floor strata retail unit prominently located in Coquitlam’s Town Centre High Density Core. The property is currently leased to BMO on a long-term basis, providing a stable income stream and strong covenant security. The tenant has maintained operations in this location for over 20 years, demonstrating high site commitment and reliability.
Featuring a prime corner location, the property benefits from exceptional street visibility and heavy pedestrian activity. Zoned C7 - Transit Village Commercial, the site is adjacent to Lincoln Station, offering excellent transit connectivity and convenient access to major roadways. Surrounding amenities include numerous restaurants, cafes, and medical facilities, with prominent retailers such as Walmart, T&T Supermarket, UNIQLO, and Best Buy within close proximity.
Professionally managed and well-maintained, this asset offers ease of ownership and a fully net-leased structure with scheduled rental escalations. Priced below BC Assessment and delivering a 3.5% cap rate, this property represents a rare opportunity to acquire a secure and income-generating retail strata in a rapidly growing urban node.