FULLY LEASED INVESTMENT OPPORTUNITY - BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining - current rent $91,868/yr plus 15% management fee recovery, escalating to $125,714/yr by 2035, plus GST, tenant paying operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio w/ sliding glass panels, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. Set-and-forget net lease investment with a proven hospitality tenant in a growing Fraser Valley community. Contact listing agent for NDA and details. * PREC - Personal Real Estate Corporation (id:44393)
| MLS® Number | C8081003 |
| Property Type | Retail |
| Storage Type | Outside Storage |
| Amenities | Storefront |
| Constructed Date | 1956 |
| Cooling Type | Central Air Conditioning |
| Size Interior | 3,663 Ft2 |
| Acreage | No |
| Size Irregular | 0.19 |
| Size Total | 0.19 Ac |
| Size Total Text | 0.19 Ac |
https://www.realtor.ca/real-estate/30118253/7205-pioneer-avenue-agassiz-agassiz
Contact us for more information
Ron Plowright
Personal Real Estate Corporation
(604) 858-7179
(604) 858-7197
www.bobplowright.com
Bob Plowright
(604) 858-7179
(604) 858-7197
www.bobplowright.com
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