7224 Curragh Av - Warehouse FOR SALE


Burnaby, BC V5J 4V9
$5,400,000 CAD
604-808-7767
7224 Curragh Av, Burnaby, BC for Sale
$5,400,000 CAD
Warehouse - FOR SALE
1/13
null | 2.7% Cap Rate

7224 Curragh Av
Burnaby, BC V5J 4V9


HIGHLIGHTS

  • Single tenant, fully leased office/warehouse building
  • Concrete-block and wood/steel office warehouse
  • Two grade level loading doors with terrific site and street parking

OVERVIEW

FOR SALE | The Airstream Building | Office/Warehouse Opportunity to purchase a single tenant, fully leased office/warehouse building, one block south of Kingsway in the busy Royal Oak business district in Burnaby. Built in 1979, the building is a concrete-block and wood/steel office warehouse with two grade level loading doors with terrific site and street parking. Existing Lease/ Net Operating Income - The existing lease in place is with Airstream Heating and Air Conditioning Inc. at a current rent of $18.70 per SF per annum ($145,860) until December 31st 2025 and $20 per SF per annum ($156,000) until expiry at December 31st, 2028 with no right of renewal.

FOR SALE DETAILS

PRICE

$5,400,000 CAD

PRICE/SF

$692 CAD /SF

CAP RATE

2.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

M-4 Special Industrial

APN/PARCEL ID

002-765-373

ASK ABOUT THIS PROPERTY

Brian MackenzieNAI Commercial VancouverMore Info
604-808-7767

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Brian MackenzieNAI Commercial VancouverMore Info
604-808-7767

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