Richmond Plaza Restaurant Property for Sale(1103-3779 Sexsmith Rd)

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Richmond Plaza Restaurant Property for Sale(1103-3779 Sexsmith Rd)

For Sale $ 2,480,000
LOCATION: Richmond British Columbia Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Commercial Spaces for Sale or Lease | Retail Spaces for Lease or Sale
LISTING TYPE: Commercial Spaces for Sale | Retail Spaces for Sale

C8059280

Investment Opportunity: Restaurant Property for Sale

Location: Ground-level unit in a busy open-air plaza in Richmond, offering excellent exposure.

Size: 1,570 sqft

Features:

Fully Equipped Kitchen: Includes a full commercial kitchen, walk-in cooler, freezer, and vents at 8 tables, suitable for BBQ and Hot Pot cuisines.
Mezzanine Space: Additional space available for storage or preparation, optimizing operational efficiency.
Ample Plaza Parking: Convenient parking facilities for patrons.

Financial Details:

Investment Return: Achieving a consistent return of 3.5% (excluding capital gains).
Rent Increase: Annual rent increases ensure a secure investment with growing returns.
Prime Location: Situated in a bustling open-air plaza, attracting high foot traffic.

Opportunity for Growth: Capitalize on the steady returns and potential for expansion in this thriving commercial hub.

Showing by Appointment Only: Respect our operations and schedule appointments for viewings. Contact the listing agent for further details and investment opportunities.