5725 Vedder Rd - Freestanding CONDO FOR SALE


Chilliwack, BC V2R 3N3
$960,000 CAD
778-879-9986
5725 Vedder Rd, Chilliwack, BC for Sale
$960,000 CAD
Freestanding CONDO - FOR SALE
1/5
null | 4.3% Cap Rate

5725 Vedder Rd
Chilliwack, BC V2R 3N3


OVERVIEW

Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness center, and other established retailers. Cap rate of 4.3% with lease recently renewed through July 2031, plus an additional 5-year renewal option.

FOR SALE DETAILS

PRICE

$960,000 CAD

PRICE/SF

$702 CAD /SF

CAP RATE

4.3%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

37,480 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,034 SF

ZONING

C2

APN/PARCEL ID

023-150-912,023-150-955,023-150-963,027-501-451,027-501-558,CUSTOM-1554010

ASK ABOUT THIS PROPERTY

Harry AhnRoyal Pacific Tri-Cities RealtyMore Info
778-879-9986

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Harry AhnRoyal Pacific Tri-Cities RealtyMore Info
778-879-9986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.