Description

Owner-occupier or value-add opportunity. Strata unit tenanted by Varnish Nails & Beauty, situated within a mixed-used strata complex located at Drake Street and Pacific Boulevard in Vancouver’s Yaletown. Vacant Possession Possible: Well-positioned opportunity for owner-occupier given the location, exposure and accessibility, and the price per square foot ($1,560 / Sq. Ft.) relative to comparable CRUs in Vancouver. Below market rents; opportunity to acquire the Subject Property and raise rents to market upon lease expiry (or prior with vacant possession possible). Existing tenant has no further options to renew, providing flexibility in May 2028.

Listing Provided By

Marcus & Millichap

Copyright and Disclaimer

REBGVCLS The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2024 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.