Main Photo: 6500 HASTINGS Street in Burnaby: Sperling-Duthie Business for sale (Burnaby North)  : MLS®# C8018831
Prop. Type:
Business
MLS® Num:
C8018831
Status:
Active
Bus Major:
General Retail
Bus Minor:
GR - Pet & Supplies
Build. Type:
Freestanding
Perfect opportunity to be your own boss at pet food store in busy strip mall, Kensington Square, North Burnaby. No competition around 3km radius, and 14yrs of successful operation!! High Annual Gross Operating Income (GOI) of $778,000.00, and with Net Operating Income (NOI) of $140,000.00 (with Wage, Payroll tax, GST & PST included)!! Definite room for more NOI, close to $200,000.00, if operated within family. Spacious 2000 sq/ft retail space with gross lease of $8762.25/mo. Current lease expires at Oct 31st, 2021 and with lots of input from the landlord such as recent renovations on the mall, the option to renew the lease looks positive. Big tenants such as Safeway, Subway, Shoppers Drug Mart, White Spot & more in the complex are definitely a plus in creating more traffic within the mall!!
Sale Type:
Asset
Lease Type:
Net
Property Type:
Business
Major Bus Type:
General Retail
Minor Bus Type:
GR - Pet & Supplies
Construction:
Concrete, Mixed
Building Type:
Freestanding, Commercial Mix, Shopping Centre
Total Floor Area:
2,000 sq. ft.
Land Use/Zoning:
C
Env Assmt Phase:
None
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Listed by Hansol Kim PREC* of Sutton Centre Realty
Listing information last updated on May 12, 2018 at 04:46 PM (UTC)
Jordy Brisbin
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