7205 Pioneer Avenue|agassiz, Agassiz, British Columbia

$1,760,000

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3,663

Square feet

0.19

Acres

About 7205 Pioneer Avenue|agassiz

FULLY LEASED INVESTMENT OPPORTUNITY "” BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining, featuring built-in annual rent escalations plus a 15% management fee recovery "” a 6.00% cap rate on current rent, rising to a 8.20% cap rate on the final-year rent. Tenant pays operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. PLEASE DO NOT DISTURB THE TENANT OR STAFF "” no walk-throughs. Buyers & agents may view the interior only as paying restaurant customers. Contact listing agent for NDA and details. * PREC - Personal Real Estate Corporation (id:6289)

Retail property for sale in Agassiz, British Columbia at 7205 Pioneer Avenue|agassiz. This Retail property is priced at $480/sqft

Features of 7205 Pioneer Avenue|agassiz

Listing # C8081003
Price $1,760,000
Bathrooms 0.00
Square Footage 3,663
Acres 0.19
Year Built 1956
Type Retail

Community Information

Address 7205 Pioneer Avenue|agassiz
City Agassiz
Province British Columbia
Postal Code V0M1A3

Amenities of 7205 Pioneer Avenue|agassiz

Amenities Storefront
Is Waterfront No
Has Pool No

Interior of 7205 Pioneer Avenue|agassiz

Cooling Central air conditioning
Fireplace No
Has Basement No

Listing Details

OfficeRE/MAX Bob Plowright Realty

Listing Map

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