Log In/Sign Up
Your email has been sent.
45768 Hocking Av 6,256 SF Retail Building Chilliwack, BC V2P 1B4 $2,264,774 USD ($362.02 USD/SF) 4.68% Cap Rate
Investment Highlights
- Stabilized income from a long-term licensed daycare tenant
- Updated site features including newly paved parking and accessible entry
- Strategic location near major retail, schools, and key transportation routes
- Strong visibility along Hocking Avenue with dual pylon signage
- Private rear outdoor area supporting childcare and future adaptive use
- Optional future owner-user potential through a built-in termination clause
Executive Summary
William Wright Commercial is pleased to present 45768 Hocking Avenue, a 6,256 SQFT freestanding building situated on a 0.39-acre lot in the heart of Chilliwack. Currently leased to a licensed daycare operator, the property is being offered at a 4.51% cap rate. It features open yard area improved as a parking lot and a private playground located at the front and rear of the building. Exterior improvements include newly paved parking and a handicap-accessible entry ramp. With 120 feet of street frontage, two pylon signs, and excellent visibility along Hocking Avenue. The existing lease includes a termination clause, presenting flexibility and potential for an owner-occupier in the near future.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,256 SF
Building Class
C
Year Built
1962
Price
$2,264,774 USD
Price Per SF
$362.02 USD
Cap Rate
4.68%
NOI
$105,991 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.38 AC
Zoning
CSM - Service Commercial Industrial
Parking
12 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
95’ on Hocking Avenue
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
45768 Hocking Av
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.