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32490 Simon Av 15,600 SF 100% Leased Industrial Building Abbotsford, BC V2T 4J2 $4,871,339 USD ($312.27 USD/SF) 2.49% Cap Rate
EXECUTIVE SUMMARY
The Vendor has exclusively retained Marcus & Millichap REIS Canada Inc. to facilitate
the sale of 32490 Simon Avenue, Abbotsford, B.C. (the “Subject Site”). The Subject Site
presents a rare opportunity to acquire a 1.35 acre site that lends itself to both multifamily
development, and/or an owner/user opportunity with the existing improvements.
the sale of 32490 Simon Avenue, Abbotsford, B.C. (the “Subject Site”). The Subject Site
presents a rare opportunity to acquire a 1.35 acre site that lends itself to both multifamily
development, and/or an owner/user opportunity with the existing improvements.
PROPERTY FACTS
| Price | $4,871,339 USD | Building Class | C |
| Price Per SF | $312.27 USD | Lot Size | 1.35 AC |
| Sale Type | Investment | Rentable Building Area | 15,600 SF |
| Cap Rate | 2.49% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Zoning | C4 - Commercial | ||
| Price | $4,871,339 USD |
| Price Per SF | $312.27 USD |
| Sale Type | Investment |
| Cap Rate | 2.49% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 1.35 AC |
| Rentable Building Area | 15,600 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | C4 - Commercial |
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32490 Simon Av
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