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23 5725 VEDDER ROAD, Garrison Crossing

23 5725 VEDDER ROAD, Garrison CrossingChilliwack, BC

$925,000
Retail
Area
1,367 sqft
Year Built
2008
Excellent investment opportunity to own a retail unit in a brand-new building located in the prime Sardis area. High-traffic location with strong AAA tenant appeal. Tenant is operating a well-established Japanese restaurant, offering a stable and hassle-free investment opportunity. Vedder Village Centre features approximately 68,000 SF of retail space across five buildings, with strong pedestrian and vehicle traffic generated by popular businesses including A&W, Dairy Queen, fitness centre, and other established retailers. Cap rate of 4.5% with lease recently renewed through July 2031, plus an additional 5-year renewal option. (id:67651)
Postal CodeV2R3N4

Neighbourhood & Lifestyle