1 / 12$5,760,000
10240 RIVER ROAD, Delta BC V4C 2R3
Building Size
2,205 sqft
Lot Size
30,056.4 sqft (0.69 ac)
Sub-type
Automotive
Zoning
C4
Year Built
1977
Description
HIGH-EXPOSURE INCOME PROPERTY with 5% cap rate PLUS rent escalation. Positioned in Delta's growth corridor, this sprawling 30,147 SF (0 .69 AC) corner lot boasts incredible exposure, easy site access, extensive parking, and a 2,205 SQFT retail building. Fully tenanted on a long term lease with strong holding income, it pays for itself while you navigate project planning for the future. Designated "Neighbourhood Centres & Corridors" under Delta's OCP, encouraging multi-unit residential and mixed-use development up to 6 storeys (townhouses, mid-rise apartments, ground-floor retail mixed-use). High-visibility location along River Road with seamless access to Hwy 91, Hwy 17, and Alex Fraser Bridge.
Location
10240 RIVER ROAD, Delta BC V4C 2R3
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