Superb retail investment property in the heart of Kerrisdale Village. This 2,647sf building is leased to LensCrafters on a fully net lease with escalating rents. Developed in 2003 the Building was constructed to a very high standard by reputable builders and architects. One of the many impressive features of this Building is the poured in place concrete storefront which provides significant curb appeal and exposure to West 41st. There are 2 parking stalls plus a loading zone at the rear of the Building for convenient loading and access. The existing lease expires October 31, 2028. Neighbouring retailers include Hill's of Kerrisdale, Starbucks, Purdy's Chocolates, Faubourg bakery, the major banks, etc. This property is very easy to manage and would be a valuable addition to any investment portfolio. (36336531)
Annual Property Taxes
$59,020 (CAD)
Time on REALTOR.ca
3 days
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