The Vendor has retained Form Retail Advisors Inc. and National Retail Group (the “Co-Listing Agents”) to facilitate the sale of 4635 and 4645 Greig Avenue located in Terrace, BC (the “Subject Properties”).
4635 & 4645 Greig Avenue is composed of two, single-tenant assets totaling 20,489 square feet of gross leaseable area situated on a lot size of 66,298 square feet (1.52 acres).
- Two single-tenant assets totaling 20,489 square feet of gross leaseable area located within Terrace’s downtown core.
- Occupied by Staples (18,142 square feet) and Western Financial Group (2,347 square feet).
- 57 parking stalls on site.
- Year 1 NOI is $231,011.
Offered at $3,300,000 (~7.00% cap rate)