Sites & Buildings - Retail, For Sale

2212 - Crystal Mall

2212 4500 Kingsway Burnaby Lower Mainland/Southwest Greater Vancouver Retail $1,280,000 815 SF
 

Opportunity to invest in one of the best larger units at Crystal Mall; close to the high traffic food court, between Shiny Tea and the seafood restaurant. The unit boasts a wide storefront with high exposure, open space inside with no structural pillars affecting store layout, and available plumbing (no washrooms). Currently leased to an Asian snack store, which has been doing great business for the past 3 years. Lease will be renewed in July, 2018 by the current tenant. Expected CAP rate of 3.65% upon renewal.

 
 
 
 
View the Full Listing Details on Spacelist

About Crystal Mall

Crystal Mall is a stratified shopping mall with 280 units, consisting of restaurants, retail, food court, and a market. Opening in 1999, Crystal Mall has rapidly grown into a high traffic centre with local residents visiting the market on a daily basis. The complex is strategically meshed with an Office Tower, residential building, and the Hilton Hotel. It is located on the busy corner of Kingsway and Willingdon Avenue in Metrotown, Burnaby, with constant foot and vehicle traffic. The area is expecting over a dozen residential towers in the next few years, and retail space will likely be highly sought after.


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Community Profile: Burnaby

Lower Mainland/Southwest
Greater Vancouver

Burnaby is a great place to live, learn, work and play. We are committed to strengthening our overall well-being and growing into the future as a liveable, vibrant and sustainable community. Burnaby works to facilitate an engaged and active citizenry, a healthy economy and a real respect for the natural environment.

Statistics
Total Population 223,218
Median Household Income $56,136 ($CDN)
Closest Commercial Airport Vancouver International Airport (21km)
Closest Ocean Port Port Metro Vancouver (14km)
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