I have sold a property at 7116 PIONEER AVE in Agassiz
June 9, 2017
I have sold a property at 7116 PIONEER AVE in Agassiz.
TREMENDOUS INVESTMENT OPPORTUNITY! Commercial Retail Building & Land. Best location in thriving downtown Agassiz, BC! Strategically situated on the City's main business corridor. The .18 acres retail-commercial (CT-1) zoned with 2 road frontages & offers a 7500 sq.ft. freestanding building with concrete block construction. The site has a strong history of retail presence within the community for decades. Property is fully leased providing a new owner with immediate in-place income. Currently under a long-term, 3 net (escalating) lease with a national retail franchise chain & generates an approximate CAP RATE of 7%. Full information package available by prior execution of Confidentiality agreement.
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