$8,520,000
1 1161 THE HIGH STREET, Coquitlam BC V3B 7W3
Building Size
6,938 sqft
Lot Size
302,219,280 sqft (6938 ac)
Sub-type
Retail
Zoning
C-7
Year Built
1996
Description
Great hands-free investment opportunity. High visibility, corner strata unit, with Bank of Montreal as Tenant. BMO has just renewed again, and this time for 10 years. Cap rate is 3.5%, with rental bumps throughout term. Tenant intends to substantially renovate premises. Strata unit is 6,938 sf and is the largest tenant in the building, and as such has by far the most votes. This is a very simple property to own. First time on the market in over 20 years. Building has parking for commercial tenants. Great location in Coquitlam Town Centre.
Location
1 1161 THE HIGH STREET, Coquitlam BC V3B 7W3
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