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3208-3244 Oak St
Vancouver, BC V6H 2L3
3208 Oak Street · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent Vancouver west side location at Oak and W. 16th intersection
- 12,578 sq ft corner lot in desirable Fairview, surface parking in rear
- Strong triple net holding income with rent escalations
- Fully leased 7,000 retail plaza with 4 tenants
- Designated for 3.3 FSR / 6 storey mixed-use in Cambie Corridor Phase 3
EXECUTIVE SUMMARY
To acquire 100% interest in a fully leased retail strip centre located on a C-1 zoned corner lot on Oak Street and W.16th Avenue in Vancouver’s prime west side. The property consists of 6,996 sf of leasable area on 12,578 sq ft corner lot with 4 retail tenants. All leases have escalations. This offering represents an opportunity to acquire a hassle-free retail asset on a prime west side corner intersection with future redevelopment potential.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,996 SF
Building Class
C
Year Built
1932
NOI
$178,097 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.29 AC
Zoning
C-1 - Commercial
Frontage
AMENITIES
- Corner Lot
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