$7,200,000

5501 KINGSWAY, Burnaby BC V5H 2G3

Description

CBRE Limited is pleased to present the opportunity to acquire 5501 Kingsway and 6582 Denbigh Avenue(collectively the "Properties"). The offering represents a rare opportunity to acquire a well maintained low-rise building built and owned by the original owner. Fully leased to stable service-based businesses, 5501 Kingsway is competitively positioned in the trade area featuring ample signage opportunities, corner visibility and curb appeal, and a rare mix of secured underground parking & easily accessible surface parking stalls. The Properties are comprised of 2 legal parcels. 5501 Kingsway is improved by a 2-storey office building with underground parking. 6582 Denbigh Avenue is an above ground parking lot featuring 17 stalls. Furthermore, the Properties benefit from the optionality of redevelopment: the City of Burnaby has designated the properties in their OCP.

Location

5501 KINGSWAY, Burnaby BC V5H 2G3

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