Commercial building featuring multiple roll-up doors, second-story window banks, and a paved lot

$1,050,000

115 - 6753 Graybar Road, Richmond, BC V6W 1H7

MLS® C8082347

Description

CASH COW INVESTMENT OPPORTUNITY – 5.3% NET CAP RATE! Excellent opportunity to own an income-generating industrial property at 115–6753 Graybar Road, Richmond. Featuring two separate tenants, this property offers a strong 5.3% net cap rate and immediate rental income. Equipped with a grade-level loading door and strategically located with excellent access to Highway 91, Westminster Highway, YVR, and the Fraser Valley. An ideal investment for those seeking steady cash flow in a prime industrial location. Secure this turnkey investment and start collecting rental income from Day One!

Property

Property type

Commercial Sale

Style

Industrial

Structure

See Remarks

Year built

1,990

Ownership

Strata

Strata and restrictions

Strata fee

$227 per month

Costs

Annual property tax

$7,713

Tax year

2,025

Location

Area

Richmond

Neighbourhood

East Richmond

Waterfront

No