Form Retail Advisors is pleased to announce the sale of 5650 Dunbar Street, Vancouver, BC. Form marketed and sold the single-tenant asset, leased to New District liquor store. This single-tenant investment presented a rare opportunity to purchase a prime C-2 zoned site with future development upside in one of Vancouver’s most prestigious neighbourhoods.
- Leased to New District until February 2022. The tenant has one (1) renewal option for six (6) additional years.
- C-2 zoning which permits a wide range of commercial uses and up to 2.5 Floor Space Ratio (to be confirmed by purchaser).
- Roof recently repaired.
- 10 minute drive to the University of British Columbia.
- Within close proximity to Dunbar Village, Kerrisdale, numerous schools, parks and golf courses.