Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
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. (id:61048)
| Business Type | Service |
| Business Sub Type | Gas station |
| MLS® Number | C8080771 |
| Property Type | Business |
| Acreage | No |
| Size Irregular | 30146 |
| Size Total | 30146 Sqft |
| Size Total Text | 30146 Sqft |
https://www.realtor.ca/real-estate/30087768/10240-river-road-delta
Contact us for more information
Joseph Liang
Personal Real Estate Corporation, Joseph Liang Team
(604) 999-5599
www.draccorealty.com/