604-675-5257
7315 Edmonds Street, Burnaby, Burnaby, BC for Sale
Storefront Retail/Office - FOR SALE
1/2
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7315 Edmonds Street, Burnaby
Burnaby, BC


HIGHLIGHTS

  • High profile corner location with 244 feet of frontage onto Edmonds Street.
  • Exceptional exposure onto Edmonds Street and Kingsway -a major thoroughfare in the city of Burnaby providing direct access to the neighbouring cities.
  • The Property is ideally located in a densely populated neighbourhood near many schools, parks, restaurants, services, and community amenities.
  • Situated near the Edmonds SkyTrain Station (1 km), providing convenient rapid transit connectivity throughout Metro Vancouver.
  • 100% leased to a mix of retail, office, and medical tenants.
  • Excellent access to public transit, with major bus routes operating along Kingsway and the nearby Edmonds SkyTrain Station.

OVERVIEW

Price, Cap Rate, and NOI disclosed upon a signed CA. Marcus & Millichap REIS Canada Inc. is pleased to present the opportunity to acquire the commercial podium at Esprit 1 (the “Property”) located at the high traffic intersection of Edmonds Street and Kingsway in Burnaby’s Edmonds neighbourhood. The Property comprises one air space parcel totaling 52,676.42 square feet which includes 23,956 sq. ft. of leasable area. A diverse mix of tenants occupy the fully leased Property with lease expiry dates ranging from 2025 to 2034. The Property is the commercial component of BOSA Properties’ Esprit 1, a 28-story mixed-use building with 171 residences. The immediate area provides an ample offering of desirable shops, services, and restaurants along the Kingsway corridor and into the nearby city of New Westminster. Conveniently accessible via walking and vehicle distance from the surrounding residential communities, the Property’s location is transit-oriented with numerous bus routes operating along Kingsway daily and the Edmonds SkyTrain Station located a 3 minute drive away. This offering presents investors with an exceptional opportunity to acquire a fully leased commercial property that is ideally located in a vibrant and growing community in southeast Burnaby.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7315 Edmonds Street, Burnaby

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,676 SF

ZONING

CD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew GormleyMarcus & MillichapMore Info
604-675-5257

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Andrew GormleyMarcus & MillichapMore Info
604-675-5257

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