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2020 Arbutus St 9,944 SF 100% Leased Retail Building Vancouver, BC V6J 0G2 $13,252,908 USD ($1,332.75 USD/SF) 4.08% Cap Rate

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INVESTMENT HIGHLIGHTS

Secured by CIBC, one of Canada’s largest financial institutions, with a market capitalization of over CAD $100 billion.
All tenants operate under NNN leases, providing stable cash flow with minimal landlord responsibilities.

In-place rents are currently below market, providing investors with future rental income upside.
High profile location along Kitsilano’s West 4th Avenue retail corridor with 75' feet of frontage.

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the opportunity to acquire 2020 Arbutus Street, Vancouver, B.C. (the “Subject Property”). The Subject Property is anchored by the Canadian Imperial Bank of Commerce (“CIBC”), complemented by North American Kommunity Fitness Inc. and Global Shoe Connection Inc., with all tenants operating under triple-net leases that provide stable cash flow with minimal landlord responsibility. Situated at the corner of West 4th Avenue and Arbutus Street in Kitsilano, the site benefits from exceptional exposure and on-site parking at the epicenter of one of Vancouver's strongest retail corridors.

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